BRITISH POLITICS.

Stratford Evening Post, Volume XXXIII, Issue 3, 1 May 1912, Page 6

BRITISH POLITICS.

DRASTIC BANKRUPTCY ACT AMENDMENTS. THE BUDGET DEBATE. (By Electric Telegraph.—- Copyright.} {'United Press Association.) (Received !, 3.10 a in.) London, Api a 1)0. Lord Gr andard' s 1 '>-.-, a kc upttry .:U«endment Bill makes 1 solvency thorough gambling, ittilaro 10 espfam disappearance of lisaflts, and faikne to keep accounts after a previous nisclvency, criminal offtmies. The Select Comiri'ttce of the House of Lords lias begun r (insider atio-i of the Canvey Island Wharf and Railway Bill. Australian and Nov Zealand petitions favour it. In the Budget debate, the Oppi-ei-tion moved to compel the payment to a sinking fund of the surplus remaining after meeting the Chancellor's ;oquirements for additional naval expenditure or losses 'sustained through industrial troubles. The amendment was negatived by a majority .of fifty-three. THE NAVAL EXPENDITURE. (Received 1, 9.20 a.m.) London, April . r O. Mr. Lloyd-George, when he opposed the amendment respecting sinking fund, explained that Mr. Churchill had already indicated that Britain's naval expenditure depended on other gramme should be altered, and Mr. Churchill asks for further expenditure, wo do not know what is the present position or what our liabilities are, but they must be faced." RETURNED UNOPPOSED. (Received 1, 9.20 a.m.) London, April 00. Mr. Henry Webb, in the by-election for the Forest of Dean, caused by his appointment as Junior Lord of the Treasury, was returned unopposed.