St. Paul daily globe., 1888-03-27
The ENGLISH BUDGET.
Mr.. GOSchen Creates a SenSa-
tion Among the English
Statesmen.
He Submits a Budget That
Contains Some Novel
Features.
Emperor Frederick in Fairly
Good Health--Other Ger
man News.
Kinop .JOhn Will Attack the
King John Will Attack the
Italians To-Day--Boulan-
gers Success.

Ds SdOlC W lLC OlODC.
LONDON, March 26.-The budget
which was submitted to the house of
commons by Mr.. Goschen, chancellor OF
the exchequer, this evening, possesses
more novel features and creates
greater sensation than any similar pres
entatiOn for many years. In expecta-
tion of something of this character
thousands of persons vainly tried to
gain admission to the galleries long be-
fore the speaker took his seat, but the
space allotted to strangers was already
crowded to its full capacity. Minister
Phelps and several other prominent
Americans were present. The budget
separates the imperial from the local
taxation, but the manner of the division
is not yet made clear. New taxes are
imposed on all street vehicles, except
those used in the pursuit of husbandry
and hackney coaches. The tax on the
latter-named vehicles is, however, re-
arranged to the end of lessening the
rate of taxation. Pleasure and racing
horses, horse dealers, choice wines and
champagnes are included in the list of
increases, the latter paying shillings a
dozen. New companies are taxed at the
rate of e1 per thousand of capital stock,
and brokers' contracts pay pence on
the pound instead of penny, as for
merly. The budget also RENTS apenny
of the income tax,
REMOVES ALL TAXES
from street haWkers, and lowers the rate
of taxation OH land yielding profitless
husbandry. The revenue of the Suez
canal shares is to be devoted to the con-
struction of new Notifications. The in
creased penalty imposed on brokers'
contracts and new companies will be
certain to cause disturbance in financial
circles, while it is doubtful whether the
remittance of the taxes hitherto paid by
street hawkers, which was designed to
catch the proletariat, will result as IA
vorably 10 the governments total vote
at the next election as tile ministry is
led to hope. The proposal to tax cham
pagne five shillings dozen was kept
very quiet, and only leaked out this after
noon through the misplaced confidence
of the ministry in one or two garrulOus
Tory members. Joseph Chamberlain
will preside at the meeting of the execu-
tive committee of the Radical union at
Birmingham, April 4, and it is well un-
nerstood that he will advise the Union
lists to withdraw in body from the Lib
eral association and form an organiza-
ton of their own. This step is resolved
upon in view of the overwhelming evil
dence given at the recent meeting OF
the Birmingham Liberal association
that Mr.. Gladstone dominates the Or
gaDization. Preparations are making
for an expedition under the leadership
of Nausen, the famous Norwegian ath-
lete, to cross Greenland on snOwshoes.
FAIR SHARE FOR IRELAND.
Replying to Mr.. Nolan, an Irish men,
Der, Mr.. GOschen said he most sincerely
desired that Ireland should have fair
share of the reduction in taxation. He
was quite ready to discuss the matter
with Mr.. Nolan with the view of read
justing the. taxes if change was found
necessary. Giving further details as to
minor changes in the method of taxa
ton, he announced that he hoped in
the course of the session to introduce
a bill providing for the collection
of the income tax by internal revenue
officers. In reply to further questions
he added that the budget did not rival
the great budgets of Mr.. Gladstone, but
said it was impossible to further SIM
plify taxation or reduce the duties on
imports, although some duties, especially
that on tobacco, were still too high. The
resolution increasing the duty on wine
was adopted. Mr.. Balfour, chief secre-
tary for Ireland, asked the house to
sanction a bill to expedite business in the
Irish land courts by the appointment of
assessors to assist the judges.