19 MARCH 1921, Page 1

NEWS OF THE WEEK.

THE Parliamentary Committee of the People's Union for Economy—this Committee consists of sixty-five members of both the Houses and is a non-party organization—met at the House of Commons on Monday. It was decided to work for the following objects : (1) That a definite sum should be fixed beyond which public expenditure should not go without the special authority of Parliament. (2) That the principle. should be established that the rates need to be supervised as much as taxes, and that no further rates should be incurred through the actions of Parliament without the consent of the rating authorities. (3) That all Government control should be abandoned and that stocks held by the Government should be at once liquidated.