Country Recovering from Coal Strike: Debt Obligations Substantially Reduced Import Tax on Tea Completely Removed The following sanding points in Mr. Winston Churehill's Budget, introduced in the House of Commons on Monday country is getting over the injury caused by the 1926 strike, which cost the Exches 1er at least £80,000,000. In the last four years debt obligations have teen lessened £175,000,000.
The saving on "The Civil Supp!
'The Betting Tax is to be rercaled, and in its place a Heence fee of £10, with @ tax of £40 02 bookmakers' telephones is to be imposed, which will produce £5!
90,000 in fresh revenue. through hi reduce the The concessions to dvi our dues, and to lus as estimated duties ave to price kelicence holders, to fisheries rural telephone systems will above by £1,430,000, aled, giving the consumer the of 4d per pound, and causing a We resulted in an increase in 500 persons, and produced £6,000,000 for the exchequer.
The government has spent roads, agriculture, trade proposed to increase the rants, encourage employment.
The income tax and supers!
The total estimated expe £922,581.000; the estimated ful estimated surplus is anticipated min five years £300,000,000 on sand electric power, and it is in there connections in order to are to remain unchanged. ure for the financial year is revenue £826,680,000, and an of £4,096,000.
London, Apr. 15. sink ligence holders; there would he @ reduction in certain harbour:
The Haute of Commons was 1et to assist the fishing: industry, crowlled this afternoon on the feecasion of the introduction of the mi improved telephone facilities wrat_distriets. These concessions, Budget, 'The Prince of Wales, he said, would reduce the estimated sonny peers and a number of surplus in the coming financial year: presentatives of the Dominions 76,000 to £10,546,000. watched the proceedings from the 'The relief' of rates to agricul. galleries of the House, turists would operate from April Introducing his Budge for the instead of October. 1.
The Super coming finance 1 year 1820/30, the 4 Chancellor of the Exchequer, Mr.
Winston Churebitl, said that, despite the injury caused by the 'General th cocoa and duties on coffee, Strike folly' in 1026, as the result! would remain unchanged. D which the Exchequer lost at least explaining the remission of the: 480,000,000, they" haw realized duty on tea, the Chancellor of the respectable' and solid Budget sure Exehesquer said that. although three-quarters of the tea drunk in Britai The prosperity of the country, wag produced in the British Empire, continued, maintained a steady tea from Java entered appreciably advance. Tt was a good sikn into the ehenpest brands used ey the there had teen w record consumption very poor and to retain, for Imperi tea and sugar and q_ notable reasons, the tax on foreign tea eccline in the consumption would be to exclude from the bene-alcohol. of any remission of duty. the Mr. Churchill claimed that the very class the Treasury is seeking Government had saved 47,500,000 to benefit. The abolition of A year in armaments as compare!
Tea Duty would cost £6 159,000 with the year when the Labour the present year. He had every Government was in office. reason to believe that the consumer Civil Supply Services had been reduced by £5,600,000,
Text read from the printed page and cleaned; old type leaves the occasional error.