THE BRITISH BUDGET.
PER PKBSS ASSOCIATION. Received 16,10.45 p.m. London, April 16. The House of Commons sanctioned the stamp duty by 186 votes to 119. Sir Michael Hicks Beach promised to considerthe exemption of small cheques. He anticipated the Transvaal revenue next year would be from four to five millions. Within a few years the new colonies will be able 'o bear a capital ctia'ge of tbir'.y millions towards the war. I
The Times Fays the new loan will be issued immediately in the form of consols at and will be well received.
The Standard states that the loan has already been taken privately. American financiers subscribed five millions.
Sir Wilfred Louri*-r, Canadian Premier, expns'ed joy at England's new policy, which c e*red ihe way for arranging a ays em of la'gar trade throughout the em pin . Received 17, O.S « m Londov, April 16. In the Commons a resolution sanctioning the war loan was curried by 229 votes to 103.
Sir Michael Hicfes Beach, replying to a question, implied that the con du y included aU cereals, rice, peas, harico's. and manufactured gouds lik« macaroni, starch, tapioca, sago, and arrowroot.
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Taranaki Daily News, Volume XXIV, Issue 89, 17 April 1902, Page 3
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190THE BRITISH BUDGET. Taranaki Daily News, Volume XXIV, Issue 89, 17 April 1902, Page 3
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