BRITISH POLITICAL CRISIS

Taranaki Daily News, Volume LII, Issue 249, 26 November 1909, Page 2

BRITISH POLITICAL CRISIS

'LORD ROSKBERV bfK.UviS.

DECLARES THE BUDGET UtcU. AND VINDICTIVE. BUT ADVISES ITS PASSAGE. THE RISKS OF REJECTION TOO GREAT. THE EXISTENCE (IF THE HuuSE O* LORDS AT STAKE. A WINNING POLIC*. Tj Cable.—Press Association.—Copyright Received Novemlier 25, 8.45 p.m.

London, November 23, Owing to the number of Conservative* desiring to apeak, the debute on tliei Itudget will not be finished before Tuesday next. Expectations that l-ord Roseliery would speak drew a remarkable audience to the House of Lords.

The Marquis of Salisbury declared (bit the Lords did not pretend to an absolute veto, but said the country shall decide the matter.

The Archbishop of Canterbury, on behalf of a majority of bishop*, announced that as the division would lie tArktly of a party character, the Episcopal Ben-di would stand aside.

THE GREATEST CRISIS SINCE 1832. Lord Rosebery said the present crisis was the greatest since 1832. The Budget was crude und vindictive, and threatened poison to the very source of national supremacy. It had already destroyed confidence in Britain as the money market of the world. It was no longer the strong box and safe of Europe, to whkh foreigners sent their savings for safety.

LIKE A "GREAT LMADJJiG-

Mlu..- I A."

Received November 25, 10.5 p.m. London, November 23. Lord Rosebery, continuing, aaid the Budget's influence was like a great invading miasma, spreading the disease of want of confidence, which was fatal to a commercial nation. Ships warn going westward carrying bonds and stock* as lmlla-t, but the strength, efficiency aud security of the second Chamber «M more vital to the country than the Budget He had no fault to find «ith Lord Lansdowne'a resolution in that it did not ask the rejection, of the Budget, but was a resolution bringing about U appeal to the community. THE LORDS' POWER. should only be exercised under exceptional circumstances, with the express condonation of the nation itself. He would gladly vote for some form of referendum, but as Premier he had given utterances and made references to toe Lords aud financial legislation which prevented him from voting in favor of Lord Lansdowne's amendment.

THE ISSUE OK THE ELrXTION

A RE. JRMED HOUSE OF LORDS.

Received November 25 10.S p-m. London, November 25. Lord Rotebery proceeded to «y thtt general elections were not conducted in a palace of truth, and it would be difficult to obtain the nation's clear decision. The Lords by voting for Lord Lansdowne's amendment would be Hiking the existence of the Chamber lUelf. "I apprehend the result will lie in appeal to the country upon a reformed hereditary second ('number. The <lr#t basis of reform will lie delegation atmilar to that practised in the canes of tilt Scottish and Irish peerage, The Lords . might even elect 150 peers to ?oU upon Lord Linsdowne's resolution, and Hill would carry more weight than a vote of the whole Chamber." He was not preatlv alarmed at the menaces towardi ■tie LodV The latter had long lived on menaces, but the present menace* came from men who did not value the controlling forces of the second chamber—men who were eminently revolutionary in essence if not in fact, The tendency of modem legislation waa to I shoot up measures from an overworks Commons to the House of Lords like rubbish on a dung-heap. Therefore the House of Lords should carefully reserve the powers of resistance which they possessed. In

REJECTING THE BUDGET they would be doing exactly what their enemies wishciT. He favored a 'cut heroic policy than Lord Lanidowne'i. He believed a wiiiuing policy would have been to pass the Budget, ami give the country six to eight months' experience of its intolerable imposition, Ha intolerable bureaucracy, and, above alt, the enormous lo?« of employment and capitul it involved. The opponent! of the Budget would then have achieved avictory when they neat approached (he polls as would have aurprW them.

A "SELFISH AND STUPID MONOPOLY."

London, November 25. Mr. Lloyd-George has written a preface to a book called "The People's Budget.'' He says the land clauses contain most aniplo provisions for unemployment and they eventually destroy the selfish unit .stupid monopoly in the now so egrrgimislv mismanaged land. Only the business community cm approciate the extent of the present ownership of land hampers and embarrasses trade and industry.

AVOIDING FINANCIAL DIFFI-

CULTIES.

London, November 24. It is understood that in order to avoid financial difficulties, the Gjorernment will ask the House of Commons to reaffirm the Budget resolutions with the addition that they should continue In force until March 31. The resolutions cover the new taxes and the old ones, which will he reimpoeed annually.