Show MEDAL PRESENTED TO BRITISH KING I Token of the Esteem of the Celebration Commission I 1 MONARCH MONARCH MONARC DEEPLY MOVED BUDGET INTRODUCED IN THE HOUSE ROUSE OP or COMMONS London Juno June 30 King George gave save an audience today to General Stewart L 1 Woodford of New York president of tho the Hud Hudson Fulton celebration commis commission commission sion slon who presented his majesty with an official gold medal in commemoration of ot the anniversary of the tile discovery discover discovery ery er of the Hudson river by Henry Hud Hudson Hudson Hudson son and tho anniversary of the successful Inauguration of ot steam navi navigation navigation gation gatlon on that stream by b Robert Ful Fulton Fulton Fulton ton Accompanying tho medal was tho the address ad address address dress originally prepared for presenta presentation presentation presentation tion to the late King Edward This ad address dress expresses the thanks of tho the com commission mission for the presence at the tho cele cete celebration bration at New York of the represent of his navy and gov government government and pays a tribute to the early English sea kings In ID reply King George referred to the feelings of o emotion awakened In his majesty upon receiving an address originally originally originally 1 Intended for tor presentation pre to his father who had so cordially algid atoo led himself with tire the celebration lIe He thanked General Woodford and the commission for tor tho friendly sentiments expressed ed by the address and medal and added lidded 1 I most mo t heartily join In the hope ex expressed expressed pressed pros ed by you ou and the signatories of the address that our two countries may ever eer work together In the promotion of everything conducive to the peace e ce and happiness of the whole world Chancellor David Georgo had no ao novelties to offer otter In introducing tho the budget of o In the House of com commons commons Commons mons today Ho Ito took an optimistic view of the future despite tho the fact tact that I he had to find the revenue to meet an estimated expenditure of The chancellor figured a total revenue of leaving a surplus of The total expenditure Includes the deficit of oC 0 uncollected dur during durIng during ing the last fiscal year owing to the tho clash between the two houses all of a which has haa been collected o since the be bo belated belated budget was wall passed Fez Fot the chancellor estimated e a revenue from taxation of and from other sources 01 Adding to this tie tae arrears due from the fiscal l cal year OAr 19 ho he figured his total and surplus The chancellor said Id he felt justified In estimating the stated revenue on the I assumption that the volume of trade trad this year eal and aDd next would be greater than the country bad had ever eYer experienced He ne proposed to retain the Ule duty on spirits unchanged and while admitting that there had been a loss lose of ot I In these duties he said the consumption of u spirits had been decreased by b 10 Htoo gallons gallone from the figures of tho the j preceding year and that the moral gain to the state far outweighed the loss In revenue |