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Fair-Trade (Newspaper) - February 8, 1889, London, Middlesex A Weekly to Heme Trade Vol. 174. FEBRUARY 8, 1889. Price One THE FINANCIER'S That the Chancellor of the Exchequer will in the near future have to cope with a demand for a vastly increased expenditure tlic is Already Mr. has apparent after having his budget of last year by the extra costs of the new Local Government he cannot look forward to any large surplus for the current And it needs ' ' not Lord warnings or Lord Charles dismal assurances to tell us that the requirements of our arid the necessity of being to protect our food may create estimates which large provision must be and direction arc such supplies to bo obtained A speaker at Central Chamber of Agriculture on Tuesday pointed out with great force had the shilling duty on wheat been and the amounts so raised laid meet such exceptional might to-day had some in without reckoning cumulations of compound interest on or 8oo,ooa, would have been annually obtained from such In all signs of the time point to increased rather than diminished and how to raise it is the problem that puzzling the heads of our and of our governing permanent as well as of the members of the The Chancellor of the can be at no time a loss for suggestions his real difficulty rather an of The usual recourse of an extra penny or two for income tax will scarcely meet the occasions looming in the Something very much more drastic will be called and the question of direct or indirect taxation will have to be met and A certain section of community are eager to make realized especially in which the in our large towns plays so important a bear a very large portion of the new burdens which the needs of national safety are certain to may style the are naturally anxious to make the pay a very much larger proportion of their means than do those with smaller The advocates of taxing town and of the imposition of a income are in no small and it will not be surprising find a of the Exchequer willing to bow in this direction to the current of popular The general feeling of the present House of Commons would be no doubt against such but there are currents now growing stronger and stronger which point to some irresistible overflow THE BUDGET OF THE How to Find the of agitation in this if other means arc not found equally if not for the But the advocates of such views arc for the most part so-called Free though that fact docs not in any way interfere with their projects fdr imposing internal restrictions on the acquisition of wealth or They say there be more but look for it solely in the of additional restraint on those It seems difficult to understand that this should be the that people should not if restraint or restriction any be look in the direction of taxation less felt at The smalt duty of is. remitted twenty years ago by Mr. is a case in such a charge would never have been felt consumers any than the city dues corn coming into the port of London are felt in Mark and still the in the metropolitan It was a distinct any taint of. and all would wholly paid by wiio have enjoyed the run of our not have caused any further expense for is already incurred to prepare the statistics of had the shilling been is. 6tt. or 5,\\, as far consumers have absolutely whilst a greatly improved would have And as with this so. also - taxation for revenue needs on other competing We in that as a mere matter of such a mode of meeting the further demands that hang over our heads is infinitely the that by to the prayers for fair play from the and the demand of the for their labour to be protected from untaxed and therefore unfair competition from a Chancellor of Exchequer may more as well as more obtain what he to Lord there are in India 13 millions of acres under cotton and about 90 mills engaged in the cotton The cotton grown in India is mostly used for nothing like half of it last Or the year came to this India is a growing and the Government of the day is using its best endeavours to better and there is every chance of markets being opened in The growth of importations into India is most Better navigation and a superior railway system
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