Some disappointment is elt in London with the revenue figures for the rst nine months of the fiscal year in comparison with the Agures for the previous corresponding period. Ths opinion is generally expressed, how: ever, that the position is fairly satisfactory, as it is pointed out that the deficit shown at the end of the last corresponding period became a suh~ stantial balance on Budget Day.
'The wide adverse margin this year, namely, £ 110,000,000, was due largely the expansion of supplemental expenditures, for example for' tressed areas and for the Unemployment Assistance Board. The margin, would, of course, have been greater any war debt payments had been made to the United State Whether a surplus will again be available on Budget Day "depends entirely on the buoyancy of the income fax returns.
"The Times" points out that one lesson learnt {rom the revenue figures, is the necessity of the Government Keeping strict control penditure. Otherwise, ys, all hopes of furth remission of taxes will disappear anda Budget deficit again loom up—Reut
Text read from the printed page and cleaned; old type leaves the occasional error.