Although its premature disclosure was a sensation, Hugh Dalton's budget itself was as quiet as a Treasury mouse. Besides the liquor taxes (see above), it sought Government revenues from football pools and dog racing (but not from horse racing). The profits tax was doubled.*
Dalton's successor, Sir Stafford ("The Brain") Cripps, now at the pinnacle of his power, has more rigorous ideas than Dalton on the fiscal policy of a Socialist Government (TIME, Nov. 10). The first Cripps budget, to be presented in April, may contain more drastic provisions.
In fact, the Labor Ministers of all shades of Socialism are being inexorably driven...
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