COMMERCIAL CONGRESS.
TWO SERIOUS PROBLEMS. TAXATION AND WAGES. (By Telegraph.—'Press Association.) CHRISTC'IIUECH, this day. The annual conference of the New Zealand Association of Chambers of Commerce opened to-day, delegates being present from all parts of the Dominion. The president, Mr. jlartin (Wellington), who presided, said it was the first conference of Association ■'. CHamliefs held outside Wellington, and_.he. hoped the innovation would be justified. He referred to the fall of prices consequent on general dislocation of trade and commerce, and said one of the most serious problems to be faced was the adjustment of wages. Taxation in New Zealand was so excessive that money was leaving the country for investment in other countries. The Government had been repeatedly informed the incidence of taxation should be examined by a board of experts —that means must be found to reduce pressure on mercantile and industrial companies. He was sure they had unbounded faith in the future of the country; that the constructive genius of our race would manifest Itself in finding a way out of our present difficulties.
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Auckland Star, Volume LII, Issue 279, 23 November 1921, Page 7
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175COMMERCIAL CONGRESS. Auckland Star, Volume LII, Issue 279, 23 November 1921, Page 7
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