The Dorset County Express and Agricultural Gazette.
Dorchester, Dorset, England, 1876-04-04 00:00:00

THE BUDGET.

ANOTHER PENNY ON THE INCOME TAX.
HOUSE OF COMMONS,
WESTMINSTER, Martha.
A few minutes before five Sir Stafford Northoote
rem in Committee of Ways and Means to make his
financial statement. He comment:tad by justifying the
course he took last year. He had anticipated supple-
mentary estimates, which had been laid before the
House and he had anticipated a growth of revenue
which' had exceeded his hopes. He had been very
much censured for the course he had then pursued
but would pursue the same course wain under simile;
circumstances, because the action he then took was
andizosed upon sufficient adequate and accurate info',
He Iliad estimated the revenue at £75,625,000, the
actual revenue received into the exchequer was
£77,131,693, an excess upon his estimate of £1,006,000;
he had estimated the expenditure at £75,521,300,
and the actual expenditure had been £64,210,000, but
be had stated that there would be supplementary est].
mates, and these estimates had been included in the
appropriation account, maldng the total provided for
last year £77,003,000, while the actual issues were
L 76,421,000.
This made the expenditure least than the total
estimate by £900,000, while it had exceeded the budget
eetimate by £581.000. He had admitted that the
supplementary estimates had exceeded his fears; but
argued that our business-like policy made it impordble
to avoid this, and that the greater part of them he bad
told the House were coming, while the others were
necessary.
Going through each item he especially congratulated
Lord John Manners on turning adelicit into • revenue
on telegraph business on the Met year. All round.
however, the receipta had fallen off. With regard to
the National Debt nothing would have been done this
year in reduction of debt had his plan not been adopted
as there warn no real surplus out of which to reduce the
debt. Under present circumstances, however, the
sum of £380,000 had been applied for the reduction
of the National Debt making the total charge on
that head £27,700,000, or .2400,000, more than last
year. We had to bear a charge of £76,000, for the
Khedives shares and the estimated expenditure for
next year would be E 78,044,000, an Increase of
£1,622,227. Defending this estimate he spoke of the
heavy burden of the Army and Navy. He believed that
the popular voice had approved an increased expendi-
ture for our better defence. The civil service however
with Its supplementary estimates was said to be
extravagant, that the Government was wanting in
economy, and that there wee no proper supervision
over the expenditure in this department, but he
asked the ii. us., not to compare this year with last,
but with previon., years of the Liberal Government.
In 1873-4, the last of the Gladstone Government.
£11,067,000 was expended in the Civil Service; this
year £13,306,000 wa., spent That looked by no means
well for the Government, but the 1110r011•11 was ac-
counted for by two grants—the education vent, and
the grant in all ~f local taxed ot Leaving out the
increase in theee items, the expenditure this year was
less by £60,000 than the money spent in 1873-4.
AA to the revenue for the future the prospects of
trade was not so bright as could is wished; but be
expected • net increase of £138.000, that is to say •
total revenue of £77,270,000. The expenditure was
277,044,000, making the deficit on the year £774,000.
As to the charges of the year, he proposed in the first
piece to take off the servant's tax in respect of boys
serving only a part of their time ; but what's to be
done with the deficit
There were only two ways of dealing with it. Be
rejected the cancelling of the sum for the reduction of
the debt as it would destroy the policy of the act he
had hhnsell inaugurated last year.
He would therefore take the other course, he would
cor to make additional taxation. He might add
virit duties, but he was not sure he should
realise the money he wanted, he was therefore under
the necessity of adding to the income tax, this he did
with reluctance though without hesitation, feeling
sure that however disagreeable the task, the house
would perform it, and the country would respond in •
suitable spirit. lie should therefore propose to exempt
Incomes under El5O, from any tax.
He would take off £l2O from all incomes upon which
the tax wee payable up to £4OO instead of £3OO as at
peewit, and would maks an addition of one penny.
Thia would yield £1,168,000, and would turn his
deficit be hoped into a surplus of £168,000; he was
eosy to make this mopes', but it was necessary.
(The remainder of the report lutd not reached us in
time for prem.)
THE ROYAL TITLES BILL

The Oft•Wre-; 01;70- t ;fi; 7.—pmt;i"ourfuturday,
In poHt4cal circles, that the Government intend to
announce to-morrow tbelr Intention of discarding the
Me. of doilguAsing the Queen by the title of' Empress,'
though timy propos, to parsever• with the Royal
Titles BIL"

A FAMILY ROBBED 07 7:40,000.
At the lAverpool swims, Mary Tedd Nayiar
stssobant, of Liverpool, pleaded guilty to haidte;
trwadantl7 misappropriated large sums of mousey
which he hold as trustee under the will of the late
Mr. Charles P. Dodson, of Predbary, for the
Woe& of the widow and children. It was stated
that the priewesr's defalcations amounted to about
ago.pm. Me wee seatemed to Ave mars' penal estri-
. Met
De. Lsthsby was h-a-rfed an Saturday.
mise gweeth. &tighter of Mr. Robert RILIFOritt.
usidonsopianar. Lonworth Mflle, mod ee ihiterthr..
boo the discos of the mfik-poisosing at Enjoy. This
maim the teeath death.
Oa Say it was stated that Earl Iftweell,
wbo has beta sulori from dr/uteri during the
week had d.cldly improved in health. Dr,
of Richmond, has boon in constant atten-
tion" having had world ocenoltations with Sir GI.
DIED7Ws.