British Budget
CHANCELLOR REPLIES TO CRITICISM. WARDING OFF A SOCIAL REVOLUTION. By Cable—Press Association—Copyright Received 12, 10.50 p.m. London, May 12.
I In the Budget debate, Mr Lloyd George, replying to criticism, announced a reduction of twopence on unearned incomes under £SOO. He twitted the Opposition with blaming him for carrying out Disraeli's maxim, uttered in 1872, that "the first duty of a Minister was to look after the people's health." The Chancellor of the Exchequer added: "The rich and opulent ought to be glad to pay income and super taxes, if only as a cheap price to buy off a social revolution."
THE RESOLUTIONS CARRIED. Received 12, 11.40 p.m. London, May 12. The Budget resolutions were carried,
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Taranaki Daily News, Volume LVI, Issue 292, 13 May 1914, Page 5
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118British Budget Taranaki Daily News, Volume LVI, Issue 292, 13 May 1914, Page 5
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