the amount collected in the year ended 31st March, 1909. In the same Act the duties on licensed houses (which of the local taxation licences produce as much revenue as all the other licences together) were revised, but provision was made that the local authority should receive only the amount they received under the old scale.
The Revenue Act, 1911, has further stereotyped the amounts payable into the local taxation accounts by fixing the amounts of the beer and spirit surtaxes, and the liquor licences at the figure of the proceeds of these items for the year 1908-9. Taking the finance accounts of the United Kingdom for the year 1911-12, roughly two-thirds of the whole sum, and all the items except "other local taxation licences" and the estate duty grant in relief of rates generally have become fixed sums, involving, so far as these items are concerned, a complete abandonment of the theory and practice of assigned revenues.
In order to complete the account it is necessary to mention that, in addition to the sums paid to local authorities through the local taxation accounts, there are the education grants (which have increased very largely since 1888), the grants to reformatories and industrial schools, the grants under the Unemployed Workmen Acts and the contributions in lieu of rates. This set of grants lies outside the local taxation account payments, being paid from the annual votes.
A departmental committee was appointed in April, 1911, to deal with the question of a resettlement of the relations between the central and local authorities.
THE budget for the year 1908-9 was introduced by Mr. Asquith on the 7th of May, 1908, as Prime Minister, to which office he had succeeded on the 8th of April on the retirement of Sir Henry Campbell-Bannerman. It was, as he remarked, the first time within the memory of any of those present when the annual financial