London, 17th April.
The Chancellor of the Exchequer in presenting the Budget said that the estimated surplus for the past year of £2,790,000 had been swallowed up by the surrender of local taxation and increased naval outlay and that there would be a deficit for the ensuing year estimated at £1,900,000, He proposes to increase the death duties and to raise the duty on beer by a fourteenth of a [penny per gallon. He was unable to abolish the duty on silver plate,
Text read from the printed page and cleaned; old type leaves the occasional error.