THE BUDGET FIGHT

Taranaki Daily News, Volume LII, Issue 170, 11 August 1909, Page 2

THE BUDGET FIGHT

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% Cable.—Press Associauou.-vopyngAi " »Sfe s ?~ u "V Budiret «« „/*?•' • ter '""l.cismg the .ui^-rKtsraze.. 1W Uw fi, 0VI — C ® obtalncd !>v the ' 1001 Law Commission and all otter in•luirica wan that what the worliue people euirfr from ii tlie> abua* 0 f ployuient and confidence, tnd the investment of capital la »el|.a«iuM<l enterprises of al kinds. That w» why tlie working classes wore inftroi- jjftariff reform, as lie Uueved Uwy ail are. Inferring to the land question, bo was convinced worker* realised that if nationalisation occurred they would find themselves face to face, not with the landlord, not with anything like r.al ownership, but with ownership of land by a Government department, commit, sioners, inspectors and others. People desired that the transfer of land should be cheap and eaay, that it should iiu as widely distributed as possible, and that buyers of a bit of land should hold it, not as tenants of the nation, but as their own property- That wag tho ideal of the Unionist Party.

"A SECOND-GLASS JACK CADE."

London, August 9. The Spectator, commenting on the Limehouse speed) of the Chanoellor of the Exchequer, describes Mrji LloydGeorge an a second-class Jack Cade. If his promises are accepted the exercise of proprietary rights regarding land will be nothing sliort of robbery, and land owners, whether great or small, will all be jiaraaites ana blackmailers <n the British Government.

In the speech referred to Mr. LloydGeorge said that land was not merely (or enjoyment, but for stewardship. Unless the landlords discharged the duties attaching to ownership, the time would come to consider the conditions under which land was held. Continuing, the Chancellor said Ills resolve in framing the Budget was that no cupboard should be bare and no lot hard to bear.

LAND TAXATION BILL.. Received August 10,10.10 p.in. London, August 10. In the House of Commons the closure was frequently applied in connection with amendments to vfte Undeveloped Land Tax Bill. ' In the course of a spirited discussion tlje Hon. Lloyd-George 'disclosed the Government's intvntlu.i chat l/e .State should undertake the ruination. Mr. Balfour contrasted the small yield of some land taxes with the coswof valuation, which he estimated at lea millions.

ASCERTAINING THE VALUATION'S. Received August 11, 12.20 a.m. London, August 10. In the House of Commons, Mr. VV. Joynson-Hicks' amendment to omit the word "undeveloped" before the word "land," with a view to inserting the words "which are unreasonably with' held from development," was negatived by 175 to 83. He argued that Ministerialists had heretofore defended His tax upon the plea that landowners were deliberately holding back land. Mr. Lloyd-George (Chancellor of tfco Exchequer) replied that if owneni did their best to sell and obtain offers the highest bid would be the best evidence of. the market value that could be submitted to the Taxation '