BRITISH POLITICS.

Wairarapa Age, Volume XXXII, Issue 10025, 22 April 1910, Page 5

BRITISH POLITICS.

HOUSE OF LORDS.

FINANCE BILL,

TO BE MOVED ON 23TH INST.

United Press Association —By Electric Telegraph Copyright Received April 21, 9.35 a.m. LONDON. April 20.

! In the House of Lords, the Earl of Crewe, Secretary of State for the Colonies, said that he would, on the 28th instant, move the second reading of the Finance Bill. There would then be a three weeks' recess, and discussion on the veto resolutions would be commenced on the 24th May, when the text of the Veto Biil would be published. Lord Rosebery's resolutions might be discussed before the recess. |

WHAT THE SURPLUS WILL BE. Received April 21, 10.5 a.m. LONDON, April 20. "The Times" says:—"Mr Lloyd George estimates the loss on income tax at £350,000, and interest on borrowings at £350,000. The latter represents the price the country pays for the Government's notions of dignity. It is probable the t>urplus will really be only a quarter of a million, as Mr Lloyd-Genrge is not justified in counting in the £2,700,000 taken from the sinking fund.

AMOUNT OP DUTIES PAID.

Received April 21, 10.13 a.m. LONDON, April 20,

At the last licensing session, the liquor trada paid in duties two million pounds. AccoidinK - to Mr LloydGeorge another £2,100,000 wiil be collectable in July, and four millions in October, but according to the "trade," the total (including October, 1909, and October, 1910) will be nine millions.

ISSUE AT COMING ELECTION. SUGGESTED BY LORD ROSEBERY. Received April 21, 9.39 a.m. LONDON, April 20. Lords St. Aldwyn and Londonderry support Lord Rosebery's suggestion that the fight at the election shall be over tne Lords' issue alone. LORD ROSEBERY'S RESOLUTIONS. POSTPONED UNTIL AFTER THE RECESS. Received April 21, 10.27 a.m. LONDON, April 20. To-day, in the House of Lords, Lord Rosebery announced the postponement of his resolutions until the first day alter the recess. RESOLUTIONS ADOPTED. BY A MAJORITY OF 81.

REDMONDITES VOTE Wl'iH GOVERNMENT.

Received April 21, 10.10 a.m. LONDON. A ( ril 20. The Budget resolutions were adopted by a majority of 81, The Redmondites favoured the resolutions, and the O'Brienites opposed them. A POSSIBLE COMPROMISE. Received April 21, 11.15 p.m. LpNDON, April 21. "The Times," commenting upon the vague rumours of a possible compromise on the Lords' question, says the temper of the parties is unfavourable, but if the Ministerial coalition suffers further diminution of its majority, without actual defeat, both sides may be ready to come to terms, if reasonable means are devised to secure more power to the Lords for the Liberal administration. '"A MOCKERY AND A SHAM.'' Received April 21, 11.15 p.m. LONDON, April 21. In the House of Commons a lively debate arose, the Opposition declaring that the Government's new phraseology did not exempt agricultural land from an increment tax. Lord HeJmsley moved an amend* ment specifically excluding all land used for agriculture. Mr LloydGeorge declared that the acceptance of the amendment would be equivalent to abandoning £the tax, since land near towns would escape payment altogether. To call this agricultural land was a mockery and a sham. The amendment was defeated by 248 to 344. The financial resolution was thea automatically passed and the Budget read a first time.