1 MAY 1926, page 2

* * * * Mr. Churchill's Explanation Of The New

taxation on betting was followed with profound interest. His scheme coincides exactly with that which we have advo- cated for many months in the Spectator. In order to avoid any......

* * The Invitation Was At Once Acted Upon And

since then there haVe been continual comings and goings which it is impossible for us to summarize. Always in the background there has been the Industrial Committee of the Trade......

In Our Judgment He Has Brought Forward The Best Pos-

sible one. Betting is the most glaring of all our national luxuries. Nobody need bet who does not want to. As for the. question of recognition, betting is, of course, already......

* * * After Defending The Silk Duties, Which He

said had not increased the price of artificial silk though probably they had prevented it from falling, Mr. Churchill came to the MeKenna duties which he declared had not......

* * * . The. Budget Assumes Peace In The

coal industry. As Mr. Churchill significantly said, if there was not peace he would be compelled to. make some entirely new proposals. That means, of course, large additional......

A Gain Of Only Ten Cents In The Dollar Exchange,

he went . on to point out, saved its on our purchases in the United States over £5,000,000 a year. On our War e' , debt to th United States it saved . us £750,000: There was......

The Last Important Subject That Mr. Churchill Dealt With Was

the promise by France to pay an unconditional minimum of £4,000,000 towards her War debt to Great Britain without prejudice to the impending settlement. It is a great pleasure......

Next, Mr. Churchill. Proposed To Extend The Mckenna...

include commercial motor-cars, and to re-enact the Key Industries duties which otherwise would lapse this year. There is no need to add here to what is said in our first leading......

The Irony Of The Situation Would Be Complete If The

bookmakers and the moralists combined forces in a mass deputation to Mr. Churchill. If some of the - delegates complained that betting was being suppressed,_ and others that it......