The Archive · 1932

BRITAIN'S NEXT BUDGET

London, Mar. 22.

With eight more working days before the financial year ends" on March 31, the revenue returns to 'March 19'show a deficit on the national accounts of only' £9,400,000 compared with $54,800,000 corresponding date last year The revenue in the week amounted to 124,100,000 and expenditure to $£19006,000, making a surplus in the weeks of £400,000.

Tu come-lax receipts have already exceeded the revised Budget, esti-Imate-of 272,000,000 by over 45,000,- {000 and the surtax receipts are only On the other: nnd' y-estate and es, togbthersare £21,000, "To the Immortal Memory of Goethe" was a speech eloquently. submitted to the occasion by Mr. John Buchan, member of the House of Commons and a well-known novelist. Tt was answered just as eloquently on behalf of the' Reich by Herr Treviranus, the German Minister of Communications.

At further celebrations to-night, Sir John Simon also paid a tribute to "the memory of an Olympian figure who not only belongs Germany but who stands for all time as a great citizen of the world."

Sir John described Goethe as a precursor of the spirit of inter. ational tolerance so much needed today and declared there was no country other than his own where. his name was held in higher rever-fence than in. Great Britain. mated to receive in the current year about the same total as last year.

Cuiftoms and excise revenue are together about £10,000,000 over last year's rocipts to date, as compared With the Budget estimate of £7,§00,000 increase in the year.

Supply expenditure is to date about 11,000,000 in excess of last Fear og compared with the estimated increase of $22,600,000 indicating Substantial economies, "The floating debt. amounts to £009,000,000, 'x reduction of 3,500, '000 in the week—Router

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account