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Show DEFICIT OF EIGHTY MILLION. This Sum to be Raised by British Government From Subjects. London. With a deficit of nearly $80,000,000 to provide for, it was anticipated an-ticipated that David Lloyd-George, chancellor of the exchequer. In Introducing Intro-ducing the budget in the house of commons on Thursday would tap springs of revenue. Tho chancellor, howover, had nothing heroic to propose, pro-pose, 'nnd tho addltonal expenditures will bo mot largoly by increased drafts on tho Rame sources that hnvo hitherto furnished tho bulk ot the revenues. Mr. Lloyd-George paid early attention atten-tion to tho navy. Ho said that to tho Increased expenditure on tho navy and tho old age pension tho deficit was largely due. A considerable in-creaso in-creaso In naval expenditures wns to bo oxpocted ngnln next year, as ln tho present state of mind of Europo It would bo stupendous folly to refuse adequately to provldo for such Increase. |