RESULT OF WAR PROFITS TAX.
WONDERFUL BRITISH'CREDIT.
DEBATE ON THE BUDGET.
(Received April's. 8.50 p.m.) LONDON, April 5. In tb House of Commons Mr ISi^Kerma explained that the reason why the yield from : the excess profits ta\ was so small was owing to the dellav in passing the Finance Bill.. He ■added., .-that .'the. manner in which credit withstood the immense, •y6laitnsupon'lt>vas .truly wonderful to •those unfamiliar 'with our financial aria 'resources. 'Examination • showed that we' had not borrowed a 1 j pound without : providing .new taxation to cover interest and to provide a ]liberal sinking'fund, i IMr Wiilia-hi 'O'Brien protested .against Ireland's inclusion in the ['Budget. She-could not,'bear the burdens of-indefensible taxation. "Mr. Barnes that the new "would npre<?s severely on tlie rpopier classes, especially, as regards . awilway tickets. '^Fhe "House passed rTesplutions :a«thofising collection of 'duties on all Mr McKennfl's-Jaroposals. :"'','• '
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Bibliographic details
Marlborough Express, Volume L, Issue 82, 6 April 1916, Page 5
Word Count
142RESULT OF WAR PROFITS TAX. Marlborough Express, Volume L, Issue 82, 6 April 1916, Page 5
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