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THE BILL TO DROP? -.————-——.

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THE BILL TO DROP? -.———— ——. AFTER THE SECOND READING I In spite of statements in various quarters to the contrary, no doubt is felt in intimate and influential political circles that the Licen- sing Bill will be dropped (says the "Finan- cial News"). The view, which is based on excellent, if not unimpeachable, information, coming from those who are in the confidence of the Government, is that the Government will carry the Second Reading of the Bill as a matter of principle, and then quietly drop the measure into oblivion. This theory squares with Mr. Asquith's statement yester- day The Government has been emphatically irformed, not only by the Party agents throughout the country, but by the con- ductors of the leading Radical newspapers, that any attempt to force the Licensing: Bill on the country spells ruin to the party. compensation to Holders In a written reply circulated to-day re- garding: the Licensing Bill, the Chancellor of the Exchequer states that under the Bill compensation for the licence holder is to be calculated separately from compensation for the owners of lioensed premises, and is to be such sum as the Inlamd Revenue think jut for the lose of the business, having regard to his conduct and the length of time during which he has been the holder of the licence. It is impossible to say defi- nitely beforehand what sums will be awarded, though they may certainly be ex- pected to be considerably larger than pay- ments hitherto.

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