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This is a reproduction of a book published before 1923. This book
may have occasional imperfections such as missing or blurred pages,
poor pictures, errant marks, etc. that were either part of the
original artifact, or were introduced by the scanning process. We
believe this work is culturally important, and despite the
imperfections, have elected to bring it back into print as part of
our continuing commitment to the preservation of printed works
worldwide. We appreciate your understanding of the imperfections in
the preservation process, and hope you enjoy this valuable book.
This is an EXACT reproduction of a book published before 1923. This
IS NOT an OCR'd book with strange characters, introduced
typographical errors, and jumbled words. This book may have
occasional imperfections such as missing or blurred pages, poor
pictures, errant marks, etc. that were either part of the original
artifact, or were introduced by the scanning process. We believe
this work is culturally important, and despite the imperfections,
have elected to bring it back into print as part of our continuing
commitment to the preservation of printed works worldwide. We
appreciate your understanding of the imperfections in the
preservation process, and hope you enjoy this valuable book.
This scarce antiquarian book is a selection from Kessinger
Publishing's Legacy Reprint Series. Due to its age, it may contain
imperfections such as marks, notations, marginalia and flawed
pages. Because we believe this work is culturally important, we
have made it available as part of our commitment to protecting,
preserving, and promoting the world's literature. Kessinger
Publishing is the place to find hundreds of thousands of rare and
hard-to-find books with something of interest for everyone!
This scarce antiquarian book is a selection from Kessinger
PublishingAcentsa -a centss Legacy Reprint Series. Due to its age,
it may contain imperfections such as marks, notations, marginalia
and flawed pages. Because we believe this work is culturally
important, we have made it available as part of our commitment to
protecting, preserving, and promoting the world's literature.
Kessinger Publishing is the place to find hundreds of thousands of
rare and hard-to-find books with something of interest for e
This scarce antiquarian book is a selection from Kessinger
Publishing's Legacy Reprint Series. Due to its age, it may contain
imperfections such as marks, notations, marginalia and flawed
pages. Because we believe this work is culturally important, we
have made it available as part of our commitment to protecting,
preserving, and promoting the world's literature. Kessinger
Publishing is the place to find hundreds of thousands of rare and
hard-to-find books with something of interest for everyone!
Purchase of this book includes free trial access to
www.million-books.com where you can read more than a million books
for free. This is an OCR edition with typos. Excerpt from book:
CHAPTER III The War Budgets In England the budget is thought of as
the speech of the Chancellor of the Exchequer rather than the act
of Parliament appropriating the money. This is quite in contrast
with the procedure existing in the United States, where there is no
budget, and on the continent in Europe, where the budget is viewed
as the document setting forth the expenses and the receipts of
revenue. The English Budget Defined The English budget, on the
contrary, forecasts the nature of the revenue or finance act. The
English system shows two great funds: the Civil List and the
Consolidated Fund. The first really becomes a royal household
budget and the second is the fund dealing with the general expenses
of the government. The Consolidated Fund supply services consist of
the continuing expenditures which are not made by annual vote.
These are the costs of maintaining the Army, Navy, Civil Service,
and Revenue departments. The first two need no explanation. The
civil services include the expenses of maintaining and constructing
public works and buildings; (2) salaries and expenses of civil
departments; (3) law and justice; (4) education, science, and arts;
(5) the foreign colonial service; (6) noneffective and
miscellaneous services; (7) old age pensions, labor exchanges,
insurance, etc. The revenue departments include those of (1)
customs and excise; (2) inland revenue; (3) the post office. The
Consolidated Fund stands to the credit of the Exchequer for which
the Bank of England, and the Bank of Ireland are the custodians. In
Scotland the custodianship is passed around from year to year among
six banks. These funds are administered through the Treasury in
which the British Governmenthas a great organ of general control,
but in no sense is it a public service department...
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