Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-10
SNOWDEN OFFERS
BUDGET S[ASH|NG
BRITISH EXPENSES
Dole Cut One enth, Income
Taxes Raised to rs Per
Cent in Plan.
LABOR MEMBERS BOO
AS FIGURES ARE READ
Proposal Would Provide for Sur
plus of $7,5O0,0oo on This
Years Program.
BY the Associated Press.

BY the Associated Press.
LONDON, September 10.-Great Brit
ain has devised a scheme to balance
her accounts in what is probably one
of t..2 most desperate financial crises
in the Nations history. Philip Snowden,
chancellor of the exchequer, announced
in the House of Commons this after
noon as he introduced his emergency
budget
He spoke for an hour. leaning on
his two canes, he outlined the devices
by which he proposed to. overcome a
deficit Of approximately $3.50, 100000 in
next years budget and an estimated
deficit OF more than S370,000,000 this
year.
Labor Members Boo.
When he sat down, the Conservatives.
the Liberals and a handful of the Labor
members raised a great cheer but on
the other side of the House the bulk OF
the Labor members booed the man who
is one OF those chiefly responsible for
the creation and growth Of their party.
He had struck out as few treasury
chiefs have dared TO do.
He faced the hostile Labor benches
crowded with his former colleagues, and
announced measures which meant a 10
per cent i'll the dole. He announced
that the incore tax would be boosted
up to shilling on a pound, which
amounts to IS per cent of the net in
come of svery citizen who pays the tax
He told them the duty on beer would
be increased penny pint, effective
tomorrow, and that the customs duty
on imported leaf tobacco would go up
pence a pound. The gasoline duty
is to be increased z pence a gallon.
Police Waoes INT
Policemen'S wages will be cut on
sliding scale running upward from s
Shlllings tSl25D a week, and school
teachers salaries will be reduced by Is
per cent.
These and other measures were listed
in government white paper diStrib-
uted during Mr.. Snowden's speech
Analysing his proposal, the chancellor
said that against this years estimated
deficit of 1878 1876, 600 his new measures
provided for economies Of S110000.000,
savings of debt redemption of $780,
600, new taxation and inland revenue.
Sl45, 000,000; customs and excise. $751;
100000 leaving an estimated surplus
of S7,50000
AS for next year, against an esti-
mated deficit of $3.50. 900 900 would be
set economies of $3.50, 1000, 900. debt saw
lngs OF 500 100000, new taxation and
inland revenue s287 500, 900, customs
and excise $4,000, 900. leaving an es-
timated surplus of S7,500,000.
Salaries Are Cut.
Major savings for the year 1923
disclosed in the white paper are:
Reductions in the salaries Of civil
servants, from cabinet ministers down,
S22, $4,000.
In the defense services Gin addition to
pay and pension cuts Of $1,000, 000),
525. 900, 600
Education, S51 100000
Unemployment insurance (a) reduc-
ton of expenditure. Sl29,000000; tb)
increase of contributions, S50,000,000.
Road fund, 500, 1925, 900.
These and other economies bring the
total for the year to little over $780,
10000.
Must Cease Borrowing.
Pointing out that an unbalanced bud
get was a very serious thing for the
country. he said the situation could be
remedied only by reducing expenditures
or increasing taxation or by combina-
ton of both
Turning to that controversial subject
which recently has torn the Labor
Continued on Page 2, Column So