5 MARCH 1910, Page 1

The Daily News of Friday distils a time-table from Mr.

Asquith's various speeches and answers, which is as follows :-

" (1) On the reassembling of the House the day after Easter Monday the Veto Resolutions will be taken in the Commons, disposed of, and sent to the House of Lords.

(2) The Budget will then be reintroduced; but whether the Budget proposals for the current year and 1910-11 will be embodied in one Finance Bill remains to be seen.

(3) Unless the Government find themselves in a position to ensure that the Veto proposals will not alone pass the House of Commons, but pass into law, the Cabinet will resign office.

(4) In other words, if there are no `guarantees' to force the Veto Bill through the Lords, the Bill will not be sent np, as—in the Premier's words—there is to be no ploughing the sands.'

(5) And, consequently, if the Veto Bill is not to pass into law, there will be no Budget so far as the Liberal Government is concerned."

For once we find ourselves in hearty agreement with the Daily News.