The times. [volume] (Richmond, Va.) 1890-1903, 1894-04-17
PRICE TWO CENTS.
THE BRITISH BUDGET.
an INcRE/sE o. DUrIDs OF sPIBs
lTS AND MOONS TAI.
The Govsrsmsns's Csnplsx scheme - kss
organizing the Death Dstiss-Objse.
ton to the New Taxes.

LONDON, April l6.-The budget was M
troduced In the House OF Commons to-
day by Sir William Harcourt. Chancellor
OF the Exchequer. Sir william stated that
the fact that the total revenue for the
last year was only $4,000 pounds under
the estimates proved the solidity OF the
national finances. In view of the depres-
sion OF trade. 1t was estimated that the
expenditures for the coming year would
be 20, $4,000 pounds. which will leave de-
melt OF i,5o2,00p pounds. This deficit. he
said. would not be met by either borrow
ing or by abandoning the liked provision
for the liquidation of the national debit
IL was proposed to cover the deficit By
appropriating 2,359.00o pounds from the
sum mortgaged under the naval defence
act, the income tax, an increase OF the
death duties and increase Of penny on
the pound in the income tax. six pence
per gallon on spirits and six pence per
barrel on beer
SIR WILLIAM HARcoURg's spErcY.
Sir William Harcourt spoke two hours
and three-quarters. His monotonous styie
OF delivery added greatly to the neces-
sary dullness OF explaining In detail the
Governments complex scheme OF reorgan-
izing the death duties by consolidating
the existing five classes. the probate. ac-
count, estate. legacy. and succession du-
ties into one which is to bs called the
estate duty. This imposes a graduated
taxation. beginning with 1 per cent. on
sums from 100 to 600 pounds. and ascend
ing TO per cent. on amounts OF over
100000 pounds. A graduated scale IL als0
applied 70 the income tax. Incomes Of SIC
pounds are now exempt from taxation.
The bill provides that incomes OF 100
pounds year shall be exempted. while
an abatement OF l4o pounds is allowed
on incomes under 400 pounds and an
abatement OF 100 pounds on all incomes
under 500 pounds. The effect OF this read
justment that incomes OF 800 pounds Will
pay no more under the proposed tax Of
pence In the pound than they do under
the existing tax OF pence IN the pound
Sir William contendcd that the additional
duty on spirits and beer would fall upon
the producer and not affect the consumer
Reviewing the past year. he showed
that the loss on spirits had been Offset
by the increase In revenue from beer.
which had exceeded the record by 5000
pounds. The Chancellor suggested that
the increase had been due to tho mild
weather. The savings banks revenues
had Increased by a million pounds. which
was proof that the resources OF the wage-
earning classes had been enhanced.
MIR. GoscHEN's OBJECTIONS.
Mr.. Goschen said that the budget con-
tanned as complicated provisions as had
ever been submitted TO Parliament Ths
proposed regulation OF the death duties.
he declared. would occupy the entire ses-
sion.
Mr.. John J. Clancy. Nationalist thought
an increase OF duty on spirits the very
last expedent that ought to be resorted
to for the purpose Of meeting the deficit.
Whisky. he said, was the national bever-
age of Ireland. and an increase OF duty
on spirits would be felt keenly.
Sir William Harcourt expressed tha
opinion that Mr.. Clancy had made mis-
take. The annual expenditure per capita
for whisky. he said was nineteen shil-
ings in Scotland. sixteen in England.
and only thirteen I'm Ireland. In view OF
the enormous profits made by dealers
in spirtuous liquors and beer, IL was
difficult to conceive OF any source oe
revenue less open to objection.
Gibson Bowles. Tory. said that tho
budget proposed that the rich be plum
dered for the benefit Of the poor. The
rich were victimized because they were
deserting the Government.
BOTH SIDES AGHEE on THIS.
John Morley Chief Secretary for Ire-
land, re-introduced his motion for the
appointment of a committee 10 inquire
into the workings Of Irish land acts.
The Rt. Hon. A. j. Balfour. leader OF tho
Opposition in the House. appealed to this
Conservatives to support Morley's mo-
tion. which was then adopted without
debate.
THE BEHR1Sc srA BILL PASSED.
LONDON, April. l6.-The House OF
Lords to-day passed the Behring Sea bill.
the House OF Commons having agreed to
the amendments OF Lord Kimberly Se-
cretary OF State for Foreign Affairs,
including the change I'm clause seven.
There was no debate. The final stages or
ssnplo 'MoIIouI-ol us4Bl 90 IIIA Ilq sul
seven, as amended, is as follows:
"Whereupon, any proceedings In any
court against a person and ship In respccs
OF any offence against the act, 1t IL poved
that the ship sailed from It's port or de-
parture before the provisions OF the award
were known. and that such person or
master OF a ship did. after sailing ana
before the alleged offence become aware
OF those provisions, such a person shall
be acquitted. and the ship shall be re-