The Irish standard., 1909-06-05

MIR. John Rcdmond--Oh. no. Tho
loss on flotation has been borne by the
Irish development grant.
MIR. Lloyd Gcorgc-But it is out Of
public money.
Mr.. james Campbell -Earmarked for
Irish purposes.
Mr.. Lloyd George repeated that to
the extent of % por cent it was pub
lie money voted by this house. What
happened" Tho Irish tenant farmer
got the freehold OF his farm on thu
payment of 6S years not of his present
rent, but OF something like rs per
cent less than tho present rent. @
If the land had been offered to them
In Wales on such conditions would
they have growlcd about the Stamp
Duty? No, they would have been only
too pleased to pay 1t. We'll, but al
though there was this transfer from
tho landlord to tho tenant no Stamp
Duty was charged. The allegation
was that the treasury was differentiat-
ing as against Ireland. In England;
| If n landlord sold his land in Ele
open market no money was lent by the
state. The purchaser had to get his
money at AZ per cent or 5 per cent.
and he paid the Stamp Duty. In the
past it was los per cent; in the flu
turc it would be c1; and in ireland
they were not required to pay any
Stamp Duty at all. Well, then, they
came to the stage when the tenant
owner wanted to sell. Observe that,
owing to the fact that hc got tho loan
of money from the state and on, low.
terms, when ho came to sell he was>
selling the advantage OF that loan. Let
it be remembered that on this trans
action they were not making tho state
tho landlord. They were making the
tenant farmer a frccholdcr. There they
were proposing to apply the same ruln
came to consider the question whether
thorc should be exemptions in tho case
Of small holders. that was a different
matter. They could consider that. But
he thought the Irish small farmer was
the last person in the world who
should complain OF what was being
done in this matter.
Mr.. John Dillon-It appears to me
that the discussion which has taken
ficulty of framing a. Budget which
will apply with equal justice. to Ireland
and to Great Britain: that is the real
point which comes out in the course
OF this debate. 1t was obvious in the
speech to which VIC have just listened
if social conditions existed in England
in ireland, no Chancellor Of the Ex-
cheauer would ever dream OF propos-
ing those taxes (chpers). 1t was the
moral OF this discussion. It runs
through tho whole of the Budget, and
through the whole system Of taxing
Ireland. Tho Chancellor Of the Exche-8
puer during the last three or FOUR
months was casting about in his mind
how he could raise 13 million of taxa
ton, and I am sure he never dreamt
of considering the circumstances Of
Ireland as Il whole The nature and
amount Of taxation were naturally
fixed upon the basis Of the condition
OF the country which was to contribute
the bulk of the money he was In
search Of That is what has always
been done. I don't believe as rule
that any Chancellor Of the Exchequer
has ever deliberately in framing q
Budget sought out by some tax to in-S
nict an injustice upon Ireland, and
least of all the present Chancellor Of
the Exchequer who has always been
throughout his career and in this
House the warmest friend of Ireland
(cheers). The genesis of the mat
ter lies in the fact that the Chancellor
Of the E.xchequer has to look at the