BRITISH POLITICS.

Taranaki Daily News, Volume LII, Issue 198, 25 September 1909, Page 2

BRITISH POLITICS.

LAND EXEMPTIONS. By Cable.—Press Association.—Copyright London, September £3, Mr. Lloyd-George, chancellor of the Exchequer, exempts from the new land taxes bona tide sporting and recreation ('Julia.

TOWN PLANNING BULL. Received September 24, 10.30 p.m. London, September 24. The House of Lords, at the instance of Lord Cnmperdown and Lord St. Aidwyn, introduced general safeguards to Hie Town Planning Bill. Thus, before local authorities are authorised to compulsorily purchase land, a public inquire is to be conducted by nn impartial authority, not in Government employ, regarding the necessity for the purchase. STAMP DUTY OX SECURITIES. Received 24, 11.55 p.m. London, September 24. In the House of Commons, in tion with clause 50 of the Finance Bill. doubling the stamp dutlea on marketable securities vxcept in the case of i colonial Government, Mr. Rowland Hunt moved to omit the word "Govtm. ment," arguing that if trade followed a loan, the exemption of all colon!*] securities would facilitate colonial trado.

An interesting and vigoroua debate followed. Mr. Robhouse said tie Ctovennnent considered the exemptions in favor of colonial Government and provincial Government securities were suf-

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