New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-09-14
PARLIAMENT FACES
HUGE WAR DEFICIT
Session, Meeting To-day, Must
Consider Means of Raising
New Revenue.
rpy Cable TO he Trihnn. !


London, Sept. 13.-Parliament reas-
sembles tomorrow. What will it do
Every prophet has some forecast, but
few that agree, though most feel that
radical steps will be taken along GER
tain lines. Mr.. Lloyd George stirred
up some real excitement by his recent
speech to the striking miners and the
publication to-day OF his preface TO
Through Terror to Triumph" was as
striking as a Zeppelin bomb.
Newspapers which hitherto were
taking it for granted that everything
was going we'll and were perfectly sat
ished with conditions to-day asked
for some plain figures. THE Westmin-
ster Gazette" considered an official
organ, says:
1--WE suggest il is the business of
the government to correlate these ef-
forts and see that we get somehow from
those who are deputed to speak for the
nation a steady consistent report Of
things as they are, or. If that is i'm
possible, of things as they are ap-
praised by those who have the best op-
portunity of judging
II can be stated authoritatively that
some plain truths" will be made pub
lie in the next few days. At the same
time it seems likely the public will
welcome them. The recent Zeppelin
raids have aroused the country's
anger to the point where it is willing
to make any sacrifice either OF men or
money TO defeat the enemy.
Indications are strong that they will
have the opportunity. Though the ma
iority of the Cabinet still are anti
conscriptionists, Kitchener's word Will
change the complexion instantly. 1t
is highly possible that compul sion may
be used to get munition workers, Mr.
LLOYD Georges recent speech bringing
out forcefully the woful weakness
here. But it is not thought likely that
conscription for the army will come for
some time at least.
Reginald McKenna, Chancellor Of the
Exchequer, will introduce his first
budget in the House Of Commons on
September 81 or %. He has spent many
weeks in searching out possible means
of increasing revenues to meet the enor-
nous war expenditures, which now
amount to nearly S20,O00,000 n day.
Whatever the Chancellor may have
in mind he has kept the customary Sc
cretiveness Gossip has already doubled
the income tax and reduced the eX-
emption figure, increased the duty on
tea to a shilling pound and added
greatly TO the import taxes on petrol,
wines, spirits, sugar and tobacco, espe-
cially cigars. 49,,
But the greater part Of the half bill
lion dollars or so which the govern
ment hopes to add TO its annual in
come will come, according TO the we'll
informed. from the income tax The
minimum of exemption presumably Will
be lowered, and plans will be made
for assessing the wages of as many
workmen and small business men as
earn more than the fiat minimum
deemed necessary TO support existence.
It is estimated that the total income
Of the inhabitants Of the British Isles
IS $4,000 100000 a year. OF this, less
thar five billion dollars is now as
sessed for taxation. The new legisla,
ton is expected to reach at least
$500. 100000 more. For the small
workman the tax may be collected IN
weekly instruments, by means Of
stamps affixed to weekly war tax
card