THE IMPERIAL BUDGET.

Gisborne Times, Volume XXVII, Issue 2497, 10 May 1909, Page 5

THE IMPERIAL BUDGET.

CABLE NEWS.

THE ADVANCE IN LICENSE CHARGES.

ENORMOUS INCREASES.

United Press Association—Copyright (Received May 9, 4.30 p.m.)

LONDON, May ?

Notwithstanding the week’s deb .ito, the operation of several of the Budge*; proposals is still obscure, especially the increment on land proposals. Representatives of the licensed trades dec do 1 that Mr. Lloyd-George’s Budget provided for £4,200,000, whereas the increase from licensed spirits would really produce eleven million. Hotel licenses are advanced enormously—the Savoy Hotel by £6250, the Ritz by £4250, Watney and Combes’ tied houses by an amount of £140,000, and Whitebreads‘ by £42,000. The General Omnibus Company’s petrol will cost an additional £37,000 a year. Many taxi-cab drivers are strik-

Mr. Lloyd-George, interviewed by the “Standard,” declared that the navy will be the first charge on any realised surplus in 1910.

MR. BALFOUR’S CONDEMNATION.

PROPOSALS WILL INJURE THE WHOLE PRODUCTIVE CAPACITY OF THE COUNTRY.

At a meeting of the Primrose League Mr. Balfour declared the Budget proposals to lie inequitable, vindictive, based on no principle, and calculated in tbe long run to injure the whole productive capacity of the country. The proposals regarding income tax diminished Britain’s financial capacity to meet the stress of any great European conflict.