THE BUDGET.

Taranaki Daily News, 27 July 1920, Page 5

THE BUDGET.

STATEMENT THIS EVEMMH tiOAN REQUIREMENTS OlßßfiraH NO CUSTOMS CHAN6B& ]|H By Telegraph.—Preu Wellington,. I«tt It is definitely aainouiKied Financial Statement will bs .■ prwMggH in the House by the Minister to-njorrow evening. V - (By Wire.—Parliamentary RtporiinM Wellington, Lost More interest is being shown Financial Statement of this for many years past. Hitherto : have been expectations as to the but this year the accounts been already given, and the them. Interest this the announcements in the prospects for the future, The House is prepared tor thing in the way of loan propoffalit~lij|H there would be little oppotltion to SH amount, however large, Treasurer. It is understood tfawlnH Government is not yet in fay how much money it will that the exact amount of the JotliHH not be stated in the Budget. . Taxation proposals will protaJ&rflfl outlined, but details will fclosed until the taxing Bills When Customs duties hare to'-|)idS9 posed in accordance with the tions of the GovernmentV the Financial Statement, iheHowcvvfl ways askod to ratify creases of duties by will be no resolutions at the «|m|H of this Budget; the Government Intend to get any of the ditional revenue from the Cnitenu^jpH There will be proposals tion of the incidence of inoAnv there will "be no amount required. Relief in gome grades, but in the hlgW:ftM|9 the charge will be heavier. . some relief may be given from tfrflfl equalities of the. present companies for income tax. >£etttl§ijt|l for the session will be The financial position of the must be dealt with by the in his statement, and Mr. given the House already some. of what he may have to tell get. The general purport of has been that the country ia that it can bear its burden*, the demands for expenditure I limited. Possibly Mr. Ifasiey qh y9 dicate what the demands alueadyeflj involve, and also what the avalllMlfflSl sources of the country are tjo'vjl The debate on the Budget b n* jM be a live one. The present of (he House is attributable to the dttijH of members to wait for the Budgttjfl* fore disclosing business, becauw -wjjfjjlfl business of this session most deprM^Sß