Word: budgeting
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Dates: during 1920-1929
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...Chancellor of the Exchequer Philip Snowden introduced the budget (see under...
Snowden. A highly expectant House of Commons assembled to hear Philip Snowden, Chancellor of the Exchequer, detail the budget for the financial year...
...Budget. Mr. Snowden's budget was singularly free from any Socialistic implications. Said the Chancellor: "This is the best I have been able to do in the few weeks we have been in office. I think we can confidently hope for the support of the majority of the House in carrying these proposals into law. They go far to realize the cherished radical idea of a free breakfast table. They give benefit to every man, woman and child in the country...
...budget abolishes, from Aug. 1, the 33⅓% duty levied by Chancellor McKenna during the War upon foreign automobiles, films, motorcycles, clocks and musical instruments. The so-called breakfast taxes on sugar, tea, coffee, cocoa, chicory are cut by one-half to one-third. The tariff on dried fruits will be dropped on Aug. 1. The inhabited house duty is to be repealed. Amusement taxes are abolished for the cheaper seats in theatres, etc., and reduced for the more expensive seats. The corporation profits tax is to be abolished...
Presbyterian liberals have been rejoicing these last two months on a matter of finance. Official figures still remain unknown, but it is definitely asserted that, in spite of Fundamentalist attempts to boycott the Foreign Missions board, the church has raised its entire budget, and, in addition, $700,000 to wipe out last year's deficit...