Word: budgets
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Dates: during 1930-1939
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...theory Britain's Budget is one of her deepest State secrets. Only the Prime Minister and half a dozen of the highest Treasury officers are supposed to know its make-up before it is "opened" in the House of Commons. Until the moment of delivery it is kept locked in an ancient red morocco budget box. To be sure that the box will open at the right moment, a Government locksmith calls annually on the Chancellor of the Exchequer to oil the lock and fiddle with...
Despite all these precautions, somebody must have peeked last week because just before Neville Chamberlain unlocked his budget box in the House of Commons there was a great flurry on London's insurance market. Rates against increases in the income tax jumped from 15% to 45%, against increases in the tax on tea from...
Because the King of England may not enter the House of Commons, it was the first budget speech that Edward VIII has missed in years. Every visitors' gallery was jammed with Britain's swankest. With one eye cocked at the clock the Chancellor of the Exchequer began to talk. One generality followed another. "Perhaps I may liken this budget," said he, "to the uncertain glory of an April day." (Haw! Haw! in the galleries...
With these increased taxes the British budget balanced, with a minuscule surplus left over. But, as has been his fiscal custom, Chancellor Chamberlain had made no provision for paying anything on Britain's debt...
Hemenway Gymnasium will be reopened next September for the year 1936-37 on account of the demand which has been expressed for it since it was closed to general use in June, 1934, because of budget difficulties...