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30 April 1909: David Lloyd George’s ‘People’s Budget’ attempts to reduce the gap between rich and poor
The Chancellor of the Exchequer, in introducing the Budget in the House of Commons yesterday, described it as “a war Budget” – a budget raising money to wage warfare against poverty and squalor.
Mr Lloyd-George’s speech was much more than a review of the national finances in the past year and an announcement of the financial proposals for the corning year. It indicated the Government’s plans of social reform for which money will have to be found in future years.
Related: Time for a people's budgetContinue reading...