Seizing Realized Surpluses.

It must further be remembered that the Chancellor of the Exchequer's encroachment on the Sinking Fund has not been confined to the subtraction of the amount already mentioned......

A " Mixed " Record.

Moreover , it is difficult to forget that during his five years of office the present Chancellor of the Exchequer has frequently been compelled to fly to special sources of......

Debt Redemption And The Taxpayer.

The importance of maintaining the Sinking Fund at the highest possible level becomes the more apparent when it is remembered ' that all political parties app ear to base their......

_ _sinking Fund Arrangements.

Of these points of criticism, perhaps the most important is that concerned with the Sinking Fund, and for an obvious reason. When introducing his first Budget five years ago Mr.......

Rise In Floating Debt.

In the twelve-month . which has just closed, that charge, owing to dearer money, was far larger than the Chancellor had expected - and the Sinking Fund suffered accordingly.......

Contributions To The Surplus. . There Are Certain Points...

with the realized surplus of £18,000,000 for the past year which need to be very clearly recognized. One of these is, fact that the Sinking Fund for the year had to' e raided to......

Finance Public A Nd Private

The Comi ng Budget LAST week I set out, with _ little_ in the way of comment or critieism, the salient features of the National Accounts for the year just recently closed,......