Then the balance which the English Exchequer will retain, after handing over these three sums, will go to the "Reserved Services." But as, in consequence of the establishment of the Old Age Pensions and some other similar liabilities, the aggregate cost of governing Ireland at this moment exceeds the revenue derived from Ireland by about £1,500,000, the English taxpayer will have to make up this sum, as well as to give to Ireland an annual present of £500,000; and even if the Irish Government succeeds in managing its affairs more economically than the Government at present does, that will give no relief to the British taxpayer, for it will be observed that the first of the three sums which the Exchequer of the United Kingdom is to hand over is not a sum representing the cost of the "Irish Services" at any future date but the cost at the time of the passing of the Act. It is possible of course that the Irish revenue derived from existing taxes may increase, and so the burden on the English taxpayer may be lightened; but as it is more probable that it will decrease, and consequently the burden become heavier, the English taxpayer cannot derive much consolation from that. It will be seen from the foregoing remarks that a number of extremely intricate and difficult financial questions must arise; for instance, what sum really represents the net cost of "Irish Services" at the time of the passing of the Act; what sum equals the net proceeds of new taxes imposed by the Irish Parliament; and at what moment it can be said that the revenue of Ireland has for three consecutive years exceeded the cost of government. All such matters are to be decided by a Board of Five, of whom one is to be nominated by the King (presumably on the advice of the English Ministers), two by the English Government, and two by the Irish. From the decisions of this Board on matters of fact there is to be no appeal. It is needless to point out that every detail in which the three English members overrule the two Irish will be fought out again in the English Parliament by the forty Irish members. This again will show how vain is the hope that future English Parliaments will be relieved from endless discussions as to Irish affairs. Professor Dicey has well named the able work in which he has analysed the Bill and shown its impossibilities "A Fool's Paradise."