Omaha daily bee., 1899-10-24
PROVIDE MONEY TO FIGHT
Plans to Meet War Expenditures Are
Considered in the Commons.
MONEY IS RAISED THROUGH TREASURY BILLS
Estimated Revenue is Larger Than
Expectcd-Portion OF Expense May
lie Collected from Trnnsvnnl
When Victory is Won.

LONDON. Oct 23.-The prince of Wales
today received former President Benjamin
Harrison in audience at Marlborough house.
Mr.. Harrison visited the House of Commons,
accompanied by A. j. Balfour, the govern
ment leader in the house and the first lord
OF the treasury.
The chancellor Of the exchequer, Sir Mi
chael Hicks Beach, made a statement in the
house on the question of the expenditure en-
tailed by the Transvaal war. He said the
expenditure for the year had been increased
by the supplementary vote to a total of
tl2l 100000, but, he added, the revenue had
increased and he expected there would be an
Increase of e3,OOO.OO0 over the estimate of
the revenue This would be a considerable
contribution toward the Unforeseen expendi-
ture and would leave about $1,000. 600 to be
provided. He thought there shold be no
addition to the fixed debt, but that the money
should be raised by temporary addition to
the floating debt The chancellor of the ex-
chequer therefore asked for power to raise
GS,OOO,OOO by treasury bills, the whole ques-
tion OF payment and the question of fresh
taxation to be left over to the next financial
year.
Sir Michael also pointed out that the
that the estimates had been more carefully
drawn up. No one could foresee what the
total would be; but the British troops had
met with brilliant success and the colonies
were loyal. Although there might be some
thing in today's news giving cause for
anxiety, yet he saw no reason to anticipate
that the campaign would not be brought to a
successful close within the period for which
the estimates were framed AS Rritiah
colonies had been invaded, he considered 1t
to be consistent with all the laws Of war
it, when it was brought to a successful
termination, the Transvaal taxpayer should
at any rate have to bear part of the cost.
The Transvaal, he continued, was wealthy
in its golden yields. There had been COM
plants from those interested in the gold
fields that there had been excessive taxation
but he believed from the best information
that under pure and honest government It
would be perfectly possible for the
Transvaal to bear not only the ordinary eX-
penses of government and of providing for
the maintenance Of peace and order within
its territory, but also to provide reasonable
sum towards the expenses of the war, with
| reduction at the same time of the taxation
of the gold fields.
United Front in the Crisis.
Continuing, Sir Michael Hicks Beach said
"If these anticipations are fulfilled and the
sum borrowed proves to be but part Of the
| total cost of the war we shall appeal to your
patriotism next April. We believe that those
who have supported us in the prosecution OF
this work will not fail us when it comes tc
pay the bill. II fresh taxation were intro
duced now it might prolong the debate and
produce a division which might be entirely
misunderstood abroad. l shall not take any
course which will promote division oil
prevent us from presenting a united from
| in this crisis" -sl..
Sir Henry Campbell Bannerman, the leader
of the oppositioA agreed that this was not
| the proper time. to discuss the financial
question and that. 1t was net desirable tc
show a sign of disunion.
The proposals of Sir Michael Hicks Beach
We're agreed to by a vote of 1886 to 23.
| The reference of the chancellor of the eX.
chequer to the anxiety as to the latest news
apparently referred to Lord Wolseley's an
nouncement that the British were falling
| back from Dundee before superior forces.
The departure of the various contingentt
of the army corps was continued today and
was effected smoothly. There were striking
scenes of enthusiasm wherever the troops
were embarking and the Second Royal Irish
Fusileers had an especially noteworthy send
| off at Colchester, where they had almost tc
| fight their way to the railroad station.