The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1915-05-07
WAR IS COSTING GREAT
BRITAIN $lO' 100000
EVERY DAY

In one OF the shortest budget
speeches on record, he being on his
feet little over an hour, David Lloyd
George, the chancellor of the ex-
chequer gave the British public fur
Their insight Tuesday into what the
war is costing that nation. The eXpen-
diture at present, Mr.. Lloyd-George
said, was G2,l00,O00 ($l0, 500,0O0,OO)
daily, and he added that if the war
continued for year Great Britain's
bill would be upward Of { 600 100000
(about $5,000,0O0,OO0), The debt Of
the country. according to Mr.. Lloyd
George, already had been almost dou-
bled and stood we'll over the $5,OOO,-
O00 900 mark.
Comparing the financial problems
of Great Britain and Germany, Mr..
Lloyd George remarked that while
British imports had increased enor-
mously and exports had decreased
considerably, both exports and i'm
ports of Germany had been cut off by
the British navy.
Position of Nation.
From the point of view OF a war
minister, Mr.. Lloyd George added, this
made Great Britain better off, but
from the point of view of finance
minister, her position was more diff
cult. In the ordinary year, the chan
cellor continued British imports
ranged G130,O00,000 ($850,000,000)
above exports, but this year they
would be G448,O00,000 ($2,240000,-
000), exclusive of government pur-
chases.
Referring to the question of dis
elimination in recruiting. the chancel-
lar said he thought the allies ought to
! determine the part Great Britain
should play in the commission and the
best service she could render. She
could, he declared, keep command of
| the sea, and that was a valuable SER
vice she had rendered the allies, which
was essential to their ultimate sue
cess, especially if the war were pro-
| longed. She could maintain a great
army on a continental scale. he con-
tinued, and a third service was one
she had rendered in the Napoleonic
dayS-bearing the main burden of f.
nancing the allies.
Great Britain, said Mr.. Lloyd
| George could do the first and third of
! these things, but the second she could
/ do only within certain limits. She had
raised an enormous army, but the
time had come for discriminating in
recruiting within suggested limits.
| However, he said. there was a great
boom for recruiting.
No New Taxation.
The chancellor then caused a smile
of relief by announcing that there
would be no fresh taxation. He said
he would con6ne himself to asking
the house to renew the income tax on
| hn L. -, har h,,2
with some modification.
Mr.. Lloyd George said he was able
to report that the revenue of the
country had exceeded the estimates
and that the surtax and income tax
payers were sending in their money
with unusual celebrity.
During the evening Austin Cham
belain mentioned the proposals fol
increasing the taxes on beers, wine:
and spirits which the Unionists anC
Nationalist and several liberal mem
bers declared their intention to op
pose. Mr.. Lloyd-George announced
that he intended to confer with brew
ers and distillers, and also that he wa
open to consider their proposals. H,
added, however, that he would asl
that the government be given powe
to control the sale of liquor in tn
areas where munitions of war ar
made.
The general impression in the lob
bies after Mr.. Lloyd-George had de
livered his speech was that the pro
posed new taxes on wines, beers an
spirits either will be withdrawn o
/ greatly modified. for above all thing
the government desires unanimity.
The chancellor's speech was take
: to indicate that at some future dat
2 Mr.. Lloyd-George would propose
l further period for from six to
months.