The Annual Register 1914: A Review of Public Events at Home and Abroad for the Year 1914Anonymous
History
The Annual Register 1914: A Review of Public Events at Home and Abroad for the Year 1914
Anonymous
History, Modern; History, Modern -- Periodicals; World War, 1914-1918
In the Vote for Colonial Services there was an increase of nearly
40,000_l._, due largely to an augmented grant in aid to Somaliland
for defence against the Mullah. Only 10,000_l._, however, was
required as a grant in aid to Uganda. A vote of 220,000_l._ for the
Persian loan represented the amount required to make good the sums
advanced to the Persian Government in the three preceding financial
years, to provide the funds needed to maintain order.
CLASS VI.--NON-EFFECTIVE AND MISCELLANEOUS.
1914-15. 1913-14. Decrease.
1,076,907_l._ 1,083,321_l._ 6,414_l._
Several Votes had been transferred to Class VII., and the title
altered. Under International Exhibitions 19,750_l._ was included
in respect of the Exhibitions at Leipzig (books) and Paris (art
furniture).
CLASS VII.--OLD AGE PENSIONS, LABOUR EXCHANGES, INSURANCE, ETC.
1914-15. 1913-14. Increase.
21,036,650_l._ 20,460,926_l._ 575,724_l._
The figures for 1913-14 included supplementary grants of
347,650_l._ and 14,653_l._ transferred from Class VI. The Votes
connected with National Health Insurance showed a net increase
of 512,211_l._ Part of this was due to the increased grants for
treatment of tuberculosis, part to provision for a large temporary
staff to deal with the claims of societies for reserve values--a
work taking eighteen months to two years. The increase in the Old
Age Pensions Vote was 110,000_l._ as compared with 400,000_l._
in the previous year, and the anticipated increase of pensioners
16,000 as against 27,000. The increases in earlier years were
exceptional.
REVENUE DEPARTMENTS.
1914-15. 1913-14. Increase.
30,847,915_l._ 28,898,720_l._ 1,949,195_l._
The Inland Revenue Estimate showed a net increase of 176,670_l._,
mainly due to acceleration of the completion of the valuation under
the Finance (1909-10) Act of 1910. The Post Office Estimate showed
a net increase of 1,772,510_l._, due largely to increases in pay
following the recent recommendations of the Holt Committee.
The Budget, which had been postponed because the Chancellor of the
Exchequer had temporarily lost his voice, was taken on May 4. It had
been awaited with special interest in view of the Prime Minister's
pronouncement at Oldham as to the income tax (A.R., 1913, p. 252) and
of the promises of a revision of the system of Imperial grants in
aid of local taxation (A.R., 1913, p. 58; 1911, p. 22). In view of
the Ministerial attitude to food taxes, insurances had been effected
against reduction or abolition of the sugar duty at premiums rising
since March from 10 to 30 per cent., and also, at lower rates, against
reduction or abolition of the tea, coffee, and cocoa duties, and
increase of those on alcoholic liquors. But the Budget proved to be
less sensational than was expected.
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