What Is The Lesson To Be Drawn From This Situation
? Since even the Germans cannot go on losing a hundred thousand men a month, and that is what they would have to do if they did not break off at Verdun, what is likely to be......
The Verdun News Continues Excellent, And Unless We Are Very
much mistaken the German offensive is doomed to grow weaker and weaker. Movements like the great assault on Verdun, if they are to succeed, must succeed in the first three or......
We Have Dealt At Length Elsewhere With The Budget—intro-...
by Mr. McKenna in the House of Commons on Tuesday —but must record here its chief facts and figures. Mr. McKenna estimates that the net revenue next year will be £502,000,000.......
Before We Deal With The Budget We Must Record The
splendid act of generosity and public spirit by the King, which was announced in Monday's newspapers. The King, through the Keeper of the Privy Purse, has placed a gift of......
We Still Regret That A Small Ad Valorem Duty Was
not imposed upon commodities of all kinds entering our ports. That would have acted as a check on imports, and so have relieved freights, and at the same time there would have......
Under The Head Of Customs And Excise Mr. Mckenna Proposes
to obtain a new revenue of £21,800,000. He expects to get £5,000,000. a year by an Amusement Tax—i.e., a tax of the kind we have so often advocated in these columns on the fees......
Our Only Regret In Connexion With The King's Gift Is
that the- Ministry have not made a better use of the incident. We should have thought that what they ought to have done was to ask the King to allow them to make his act the......
Though We Are Glad That Mr. Mckenna Took A Heroic
line with the Income Tax payer, and generally with what we may call the rich man's taxes, we cannot help feeling somewhat disappointed. that he did not enlarge his field of......
Next Come Increased Duties On Motor-cars And...
to bring in £800,000 a year. Up to sixteen horse- power the licence duty is to be doubled ; over sixteen horse-power it will be trebled. In the case of motor-cycles the tax will......
Mr. Mckenna Proposes To Raise This £79,000,000 By An...
to the normal Income Tax of Is. 6d. in the pound. This makes the normal rate for the future 5s. in the pound. Owing, however, to the system of abatements, earned incomes up to......
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