ECONOMY.
The only other point in the Budget to which I will now refer is the fact that there were no parts of Mr. Chamberlain's statement which evoked greater approval from the crowded gathering in the House of Commons that each allusion to the need for continued economy. His reference to the Government having amply fulfilled its Pledges last autumn of cuts in the National outlays was received with cheers, and at the end of his speech, when he was addressing a number of sadly disappointed taxpayers, the only relief to the gloom was afforded by (Continued on page 612)
-Finance—Public and Private (Continued from_pdge ,611) .
his further reference to the almost unbearable strain of taxation and the necessity for continued economy. Mr. Chamberlain's final words were " Hard work, strict economy, firm courage, unfailing patience—these are the qualifications that are required of us, and with ;them we shall not fail." The nation has shown during the past three months its readiness loyally to support the Exchequer during this time of crisis. The nation, however, is justified in Insisting that the closing words of the Chancellor of •the Exchequer's peroration shall equally be applied to the Government itself. There must be still further economies in the National Expenditure if we are to emerge:from the conditions of financial and industrial depression which have afflicted the country for so long. To-day I am able to describe Mr. Chamberlain's first Budget as sound and courageous, but whether that tribute is deserved must be largely determined by the events and developments of the coming year in so far as they come within the control of the Chancellor of the Exchequer.
ARTHUR W. KIDDY. .
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