BRITISH POLITICS.

Taranaki Daily News, 3 November 1919, Page 5

BRITISH POLITICS.

THE FINANCIAL OUTLOOK, NO NEW TAXATION. By Telegraph.—Press Assn.—Copyright. Received Nov. 2, 5.5 p.m. London, Oct. 30. The speech of Mr. Chamberlain, Chancellor of the Exchequer, had a tonic effect in the House of Commons, and restored confidence the financial stability of the country, which the publication of 'the revised estimates had rudely disturbed. , Members of the House of Commons arc delighted at the prospect of there being no new taxation in 1920, which will be welcome news to the constituencies. Mr. Chamberlain's speech is regarded as a first-rate oratorical effort, being ifrank, lucid, and compact, but critics of the Government are puzzled to account for the different tone of the speech as compared with the financial statement made in August.—Aus.-N.Z. Cable Assn. EQUALITY OF SEXES. London, Oct. 2!). The War Regulations Bill was read a second time by 233 votes to 03. The Sex Disqualification Removal Bill passed the third reading. ANTI-PROFITEERING CAMPAIGN. 1 London, Oct. 29. The Profiteering Committee set up »y the House of Commons has resumed its sitting, refusing to accept the Government's view that it will not serve a useful purpose. Sir Auckland Geddcs, in evidence, said the Act was working well. The Government was considering an extension beyond siv months as provided. „Sir Auek-, land Gcddes claimed that the Act had already brought about a reduction in prices. FINANCES DEBATED. London, Oct. 20. The House of Lords, by 52 votes to 13, rejected Lord Bnckmaster's motion in favor of increased taxation. Lord Bunkmaster said that a low on capital must, be weighed and re-weighed before it was adopted, especially as everything depended on the enterprise and resource of capitalists. The taxation of war profits' had been considered, and Would be roronsiderer!.

The House of Lords resumed the financial debate. Lord Emmott urged that exports must be increased to lOfl millions monthly, and revenue must cover post-war expenditure. Britain had a wonderful opportunity if only people would work energetically to produce wealth.