13 NOVEMBER 1909, Page 1


IT seems as certain as anything can be in the region of politics that when the Finance Bill comes on for second reading in the House of Lords in some ten days from now it will be met by a Resolution declaring that its novel principles of taxation have not received the sanction of the nation, and that therefore the Lords cannot take the responsibility of endorsing those principles till the opinion of the electors has been taken. As our readers know, we regard the rejection of the Budget as in the nature of a gamble. Ardently desiring as we do that a Government which has done so much harm to the national finances, to the cause of Free-trade, and to the soundness of the social organism shall be put out of power, we greatly prefer a certainty to a gamble. We believe that if the country is allowed, to taste the Budget for a short time, the condemnation of the "new finance" and its authors would be assured.