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In Great Britain the Budget is an ancient red leather despatch box which rests on a table in the House of Commons and for most of the year serves as a convenient elbow rest for weary orators. In parliamentary language the British Budget is not "presented" but "opened" once a year. No opening is so well attended, for what the box contains vitally affects the pocket of every inhabitant of Great Britain. For the second time in his career, greying, long-necked Neville Chamberlain opened the Budget last week...
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