THE WAIKATO SEAT.

Auckland Star, Volume LIX, Issue 254, 26 October 1928, Page 8

THE WAIKATO SEAT.

UNITED

***** ~ " UNITED PARTY £ MR. F. LYE'S POLICY (By Telesraph.-o*,, , -«' Mr. F. Lye, United party miulu ' Waikato, addressing^ attentive audience at evoning, staM tlut official candidate for the he was and always had been . :> Liberal. J 'The formation of the Unit* the outconu of » general change of Government and «. . stantial protest against th» > interference in business by br Orto.rn.Co.mSl. ftSiTSPSSi' said that there was hardly a Hiinifii an industry that was not sorts of harassing regnfr£^lfc?£ obnoxious Government interference control. The speaker said he dli */££% lieve that the Government would nti;*" of office as a result of the «leetia£2i did sincerely hope that theneopKS recognise the paramount and vraM* • S^ t fon. of "' Stron « "4 Mr. Lye traced the historr of ft.

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seddon-\Vard Administration'from % >criod of 1891 until it Trent out of «&*'- n 1912. That Administration hid tfc ; '- foundation of prosperityand progress rf : Sew Zealand. In spite of st&tudti' made by the Prime Minister ♦W»£ap." tvere "round the corner," it must be idmitted that «e had soup kitchens unemploynient in the main eitiea rf 1 country. This state of largely the result of a high bank mortgage rate and continual ference and regulation by the Gonament which had destroyed confidence ail: / killed public activity. The recent dean** sion from which the countrr «u recovering had been largely* the resit of the operation of compulsory-de-control. By the passing of this measare, for which the Government most aceept full responsibility, the Dominion haft • antagonised its best friends, the wholesaler and retailer. The result vu ; that through the operation of this fooKA - piece of legislation the New Zealand producer had lost one and' a-half nuUka pounds sterling. .--'J

The speaker went on to say thal^aa-. serious attempt had been made* toxedaee the cost of living, but on the contiaiy ' prices had been artificially raised k^*a-. : - system of fixed prices for certain eoar . modities, embargoes and by hearr customs duties. It was time that pckfc opinion demanded a reyieionof emvom - taxation, with a view to giving to persons with families and to down the cost of living. The wkfe incidents of taxation needed reviaiMUA Taxation Commission had Vti Hi up some years ago - at consideotk . cost to the country but the Govermacat had failed to give effect to the recaaH mendations of the commission's nfort. The United party believed it to reduce the maximum amountofiacome tax by making the tax equitable in its incidence. By passing of the Land and Income 1923 all income earned from the direct use of the land was made free franthe payment of income tax. - Tkii a gift to wealthy squatter frinii; of the Government. The poeitioaf-to-dajr-. was that the wealthiest men m Dominioa . were not paying the»£. iwjr ; , share of taxation. .- He stated thatlfc did not believe that the small fanacr ; should pay both land and income but did claim that the- wealthy squatter' with an income running into-;. auay thousands per annum was -ablfc Mdjyought to pay income tax. His awji-i was largely the result of his aqnUßobued .wealth and there were too m*>y avenues provided for wealthy people to dodge the payment of income tax.-- it was not surprising ,to .see - that the - customs duties were becoming inaeuingly heavy. rt* i Dealing with land the candidate stated it was absolutely essential to provide every inducement to bring about cheer settlement and to encourage improrad methods of cultivation in order that ft*:* number of bona fide working on small holdings might be greatly creased and to insure that the New Zealand should be so .held Mo - used- as to produce the largest amount of foodstuffs and raw aatenah- - This would ensure that great increase ~ wealth from increased production tiaj was the main source from which eoald paid the Dominion's heavy pubbe debtits heavy annual interest Ml, national wages bill and moneys-reifßter; ed to make schemes of social refor«_ successful. Land aggregation a* monopoly in land must end.. elusion Mr. Lye strongly iiyd return be made showing the Crown Lands available and their W* and locality throughout New Zea