THE VETO RESOLUTIONS

Taranaki Daily News, Volume LII, Issue 346, 23 March 1910, Page 5

THE VETO RESOLUTIONS

DETAILED BY THE PREMIER. RESTRICTING THE POWERS OF THE LORDS. FAR-REACHING PROPOSALS. By Cable. —Press Association.—Copyright Received March 2£, 10 p.m. London, March 22. In the House of Commons the Premier (Mr Asquith) detailed the veto resolutions. • ! ; & ; First, it was expedient that the House of Lords should be disabled, by law from rejecting or amending money ouU. These would be defined as bills which the Speaker considers contain only provision for dealing with the imposition, repeal, remission, alteration or regulation of taxation; also charges on t&e consolidated fund or provision foT money by Parliament; also the supp'y and appropriation, control or a regula. tion of public money; also the raising and guaranteeing repayment of loans, or matters incidental to these subjects' The second resolution was that rt is expedient that the Lords' powers Tespecting bills other than money bills be legally restricted, so that when the Bi ! il has passed the House of Commons n three successive sessions and been s*->t to the House of Lords at least a month foefore the end of the session and rejected in each three sessions', it shall become law without the Lords' consent, upon the Royal assent, provided that at least two years shall elapse between the first introduction to the House of Commons and the date when it passed the House of Commons the third time. Bills shall be treated as rejected 'f not passed by the House of Lords without amendment or with only amendments agreed to by both Houses'. The third resolution limits the duration of Parliament to five years.

ARRANGEMENTS WITH NATIONALISTS. FREEING IRELAND FROM PROPOSED NEW TAXES. London, March 21. The newspapers report that Mr. O'Brien and Mr. Healy recently paid a visit to Mr. Llovd-George. Mr. O'Brien writes' that there is goo I reason to hope that the extra spirit duties, the burdens on land, and the proposed general revaluation will b j dropped; otherwise the Budget and its authors and accomplices are doomed. The Star asks why the Premier and Mr. Redmond do not come to an arrangement immediately. The Westminster Gzatte is unsympathetic towards any arrangement with the Nationalist#.

A Junior Imperial Constitutional League has been formed, -with Viscount Castlereagh as president. There » « already fifty branches, and the movement is still spreading. RIDING FOR A FALL. KEIR HARDIES OPINION. London, March 21. Mr. Keir Hardie, speaking at Afe-r----thyT, described Mr. Asquith's speech at Oxford as "another belly-full of eist ■wind." He believed the Government was rid'ng'for a fall. The newspapers of both parties refer to eager preparations for another election, which some now anticipate wi'.' be held in April. NON-COLLECTION OF INCOME-I AX. London, March 21. The Bank of EnglUnd, in view of the Government's decision not to secure income tax, informed the London Comity Council that the bank intends to refund the amount deducted upon application of owners of stock. The announcement refers to £74,500(000 of London stock, whereon the income tax totals £120,000. The Council hitherto held this at the Government's disposal, but the Treasury never applied for it. The Council has agreed to the Bank's decision. THE FINANCIAL POSITION. BUDGET TO GO THROUGH BEFORE THE SPRING. London, .March 21. Many questions have been asked in the Hou~e of Commons upon variovs iphases of the financial position, ira 1 - Mr. Asquith has refused all information, except that at present the Government does not intend to have two Budgets rolled into one. They still intended to pass the Budget before spring. Those who anticipate a change of Government s'hortlv, involving the Premier's leaving the off'cial residence in Downing Street, notice that his former residence in Cavendish Square is foeinsr cleaned and prepared for occupation.