Parliament has got through its work even more quickly thin the most hopeful of the supper ers of the Governny ut could have expected. Sir Michael Hicks-Beach, as Chancellor of the Exchequer, has proposed, and the House, with very little eri-trioism or complaint "las agreed, that no new taxation shall be imposed at this late period of the financial! your, and that for the time being the £10,000,000 r. quired for the war shall be mised by means of Treasury Bills, and udded to the Flowing Debt. At the same time Sir Michael pledges his word that there is no intention on the part of the Government to make & permanent addition to th National Debt on account of this war. OF course, if it should prove that the 210,000,000 at present asked for is very largely exceeded, one does not know what proposals may be made, But we are having prosperous year, and already a surplus of £3,000, practically assured. The remaining £7,000,000 is to be raised by taxation in the course of two years. and the whole or a large portion of it may eventually be received back inthe shape of indemnity from the Transvaal and the Orange Free State. This latter is " p posal which commended itself very heartily to the opponents of the war, whi foresaw that in such a case the bulk of the burden would inevitably fall on the Rand and the mine-owners. Indeed, Mr. John Redmond went so far as to promise that if the Outlanders could be m: pay the whole cost of the war he w make no further opposition.
House farewell, paid a tribute to the fairness with which he had always been treat-hers thers is none perhaps more bitter the English than Michael Davitt, remembers his long term of penal servitude for a For but be has our respect for his ste honesty, and his conduct in this case shows that his action now in championi the Boers like that side with
Text read from the printed page and cleaned; old type leaves the occasional error.
