Article image
Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.

' ■■: ,-■;■ '■■ '.?; V PUBLIC WOTICEB. Compensation To Liquor Trade IS IT A GOOD BUSINESS DEAL FOR THE COUNfRY? Question—What will be the actual Question.—What are the advantages cost of Compensation, leaving all expected from Prohibition in return GAINS through Prohibition out of for this small annual charge? account? Answer.—Careful estimates put re- ' ■ „ . „, , ,-, duced taxation at anything from £1 to Answer.—Even assuming that the £2 per annum per head of the populamasiraum compensation 0f,£4,500,00.0.. tion> j f American experience is relias to be paid, it will be met by a peated liel , e j t w fo c much more than charge of £250,000 a year, covering thig> In addition to this the. income interest and sinking fund. At the qf the commiinity-wilt-be'increased "by end of 39 W« the whole amount £ 10 to £15 ann um per head of the will be wiped out by the sinking p opu i a tion. fund and nothing more will have to ■ . /n „ , be paid Q- —*s tne P osltlon "ien w tliat we ' risk an annual payment of 4s 6d per Q._Whafc does this cost per head head falling to about 2s per 'head of of the population? population m 39 years, and after that. have nothing more to pay? and that Answer.—On our present popula- (2) in return we may expect £1 to £2 tion it means an annual charge of P"" head reduce.l taxation, and (3) 4s 6cl per head. Before the end of that we, gam ;.±,lO to £lo per head mthe 39' years our population will have . creased income each year for all time? doubled. The. annual charge per -'Answer.—Yes, that states t!he true head will therefore gradually fall un- position! ; It, looks ■ like the .soundest til it reaches probably 2s per head business deal that" has ever been ' put before the end of the 39 years. before the country. Question.. —-Who will get the Compensation?;. /,•■-■• Answer.—Compensation is limited to £4,500*000. It cannot exceed. this amount. Indeed, it_ is estimated that ; it will, not exceed £3,500,000; but to be on the safe side, it is better to assume that.''the maximum amount has to be' paid. Supposing that it does, it amounts to £4,500,000. A careful estimate shows that it will be distributed as follows:— . ■ ' :■•■■.•■;■ £■ 1200 Hotels and their Employees ...... ... ... 3,680,000 . 55 Breweries'.and their Employees ... ',?'.,, "■. ... 590,000 Wholesale, Wine and .Spirit Merchants, • Winemakers, 'Malsters, Hop Kilns, Vineyards, and their tEmtployees ..i : ... ... ... , ... ... 230,000' i. ': : ,' ' .■.,...,..,„. „.,-.■••:■-.• £4,500,000 : STRIKE OUT THE TOP LINE ON THURSDAY, 10th APRIL. NOTE.—If you recjuire any information regarding Prohibition, or if there is"any question you would like answered, wi'ite or wire "Abolition," Box 95, G.P.0., Wellington. 4 6 How to Vote PROHIBITION Strike Out the Top^Line t Vote fop national Continuanoo *^F' I Vote For National Prohibition With Compensation

SECOND EDITION : 4.0.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19190403.2.20.2

Bibliographic details

Page 4 Advertisements Column 2, Ashburton Guardian, Volume XXXIX, Issue 9576, 3 April 1919

Word Count
460

Page 4 Advertisements Column 2 Ashburton Guardian, Volume XXXIX, Issue 9576, 3 April 1919

Working