STANDARD PRICES
:|- AFFIXED RATES. * * SOT MKEEY TO SUCCEED. . - j." '"-Jfcß." A&QVI.TH.'S Vl±iW. ; _ CONSOKIPTION OF WEALTH.
ILONTJOSr, July 19. Replying to a-deputationof the Trado iUnicnusfc .Congress regarding regulation ■tff-the-price of food and fuel, the increase of old-age pensions and the conscription of riches, 'Mr Asqnith said the Congress proposed fixing freight rates, commandeering home «rop3, and 'fixing the standard, "prices'of fppd'in various areas. It was true that shipping , companies were \nfoking large profits,- but much was taken under the excess profits tax, and the interests of the country demanded -ihat considerable reserves he set aeide tor provide "for. ne\y tonnage after the 's#afi.:'.oenlieny tried fixing maximumprices, and he doubted whether it had jroved successful. He -was not disposed . to:attempt it for the United Kingdom. In .regard to the conscription of riches, the "Thcome tax was so high that he did not . think any ■ country- in the world was 'exacting equal , contributions from the •well-to-do.
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Bibliographic details
Auckland Star, Volume XLVII, Issue 172, 20 July 1916, Page 2
Word Count
153STANDARD PRICES Auckland Star, Volume XLVII, Issue 172, 20 July 1916, Page 2
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