BURDEN OF TAXATION.
I am glad to note that in dealing with the general outlook, Lord Ebury once again emphasized the supreme necessity for still further economies in the National Expenditure. He was by no means critical of the Budget in so far as the non-remission of taxation at the moment was concerned, but he was disposed to take exception to the insufficient reference in the Budget to the problem of further cuts in the National outlays. For if the recovery in confidence at home which fol- lowed the General Election of last year is to be maintained, and if the burden of taxation is to be relieved within measurable distance, it is quite clear that there will have to be more drastic economies even than those which have at present been put into force.
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