8 June 1920
The Government confirmed in the House of Commons that there would be no wealth tax or capital levy, news which had been leaked earlier in the week. The Labour Party said in a statement “we regret the decision not to impose special taxation upon fortunes made as a result of the national emergency, and declare that in order to meet the present financial burdens and assist in liquidating the national debt, further measures should be adopted for raising revenue from accumulated wealth”.
David Lloyd George, the Prime Minister, made a statement in the House of Commons stating that the Government were reorganising the Irish executive and strengthening the police, navy and army in Ireland in order to deal with the increasing amount of crime taking place in the country.
The Supreme Court in the United States held that the amendment on prohibition was constitutional and could go ahead.