Lloyd George, keeping this axiom steadily in view, after dallying with income and expenditure counted by the hundred million, came out triumphant with £252,000 in his pocket.

Spoke for two hours and forty minutes. Avoiding flights of eloquence that were wont to entrance Gladstone's audience on Budget nights, resisting temptation to epigram that beset Mr. Chancellor Lowe, was content with plain business statement. The massive figures dealt with, the millions lightly scattered there and sedulously picked up here, left some passages obscure. Son Austen well advised in reserving criticism till he had opportunity of studying statement set forth in print.

Punch, or the London Charivari, May 13, 1914 — Part 16

[Illustration: _Mr. Chancellor Micawber._ "Annual income twenty pounds, annual expenditure nineteen nineteen six; result, happiness."]

Punch, or the London Charivari, May 13, 1914 — Part 16

A passage in speech followed with breathless interest below Gangway dealt with increase of super-tax. Chancellor set forth how what he called a "£3,500 man" would, in addition to ordinary income-tax, pay 1.7d. in the £. Running up the gamut to "a £10,000 man" he mentioned that the affluent citizen would oblige with an additional 8.9d.

Punch, or the London Charivari, May 13, 1914 — Part 16

"I can," he blandly added, "go further if anybody specially wants me."

General expression of sympathy with Houston when he asked what the £100,000 man would be called upon to pay.

"The hon. gentleman," said the Chancellor, with encouraging smile bent on inquirer, "will be let off with an additional 15.3d."

The Member for the Toxteth division of Liverpool didn't seem so pleased with this prospect as might have been expected.

_Tuesday._--Lord "Bob" Cecil, whose industry is equalled only by his ingenuousness, posed the Premier with awkward question. Wants to know "whether the Government propose to continue Sir Nevil Macready's appointment as resident magistrate; if so, whether he will be able in that capacity, in case of civil disturbance, to call upon himself as a military officer to give assistance to the civil power?"

Suggests difficulty at first sight appalling. On historic occasion John Bright found himself in analogous quandary. As he then protested in ear of sympathising House: "I cannot turn my back upon myself." True that in the last three years of his political career he achieved the apparently impossible. But exception does not make a rule.