| Show WHAT WR WITH BOERS HAS COST ENGLAND the chancellor 0 the exchequer show that the expenditure for the past three Yea reWa over SIM the statement showing the revenue and expenditures presented in the house of commons monday by the chancellor of the excl equer sir mich ael kicks beach when opening the budget announcements showed a total ordinary expenditure for 03 esti mated at eia with war charges amount ng to 45 making a grand total 0 wh ch is 12 belo v the total for 1 the cost of the war for three years was but in addition to the hope of repayment from the wealth of the transvaal there was their share in the cl inese indemnity which was a very valuable asset and would ably be devoted to a on of the war debt the nationalist members iron cally cheered the reference made by the chancellor te the transvaal the chancellor of equer esti mated the total deficit for tl e present year at 6 84 to the deficit must be added to 17 additional war expenditures A duty of ad per hundred is imposed on flour and a duty of ad per gatis placed on wheat the income tax is increased a penny in the pound sterling he estimated the war revenue for th s year on the basis of the present taxation at not include ng tl e cost of gra es at the end of the war thet ians porting of troops etc |
