DOUBLE TAXATION

Press, Volume LXVII, Issue 20315, 14 August 1931, Page 12

DOUBLE TAXATION

|♦ ~ ~ | ATTACK ON SIR J- SIMON. | MR LLOYD GEORGE HITS OUT. ! U-ro.m urn own correspondent. LONDON", July 10. When the Government land tax was being debated in the House of ° mß ,° on Friday Sir John Simon returne the attack on Mr Lloyd George, accusing him of doing a "double siu e regard to double taxation. Mr Lloyd George replied with one o the fiercest denunciations hear many a day. On tlio subject or slw J^ted'with which Mr Lloyd George conducted witn the Government on T ' e •*£ Uiidouble taxation, Sir J 0 ]" 1 m „tter of derstand at one time this f double taxation was held as a.mat principle and conscience an dianee of it. There has been a little change since then. Of course, a S there must be adjustments, but six either it is a question of prn p is not," was the gibo he Lloyd George, who blushed and fidgeted under Sir John's remarks ai a * th ® companying cheers of tl - After saying that the Bill against every principle whic J had hitherto declared to* be essentia . Sir John concluded: 'So far Lrorn garding myself and my friends as deJartinl from Liberal principles I say that it is we who have proclaimed and maintained those principles. The Old Method. II r Lloyd George, brandishing his arms, romped into Sir John . 0 nouncitig his old friends. "Tt is the old method,' he said, of those who are transferring iei allegiance. The Conservatives are highly indignant, but quite ±rd they have only one concern about -liberal principles. They want tp use them as a cro .bar to overthrow the government at a time when they think trade has not turned, and they will be able to secure Protection. Does any one imagine that this land tax is what has made Sir John leave his Party and turn his back on the principles to which he has devoted his life? If lie imagines that anyone believes that,_ he underrates the perspicacity of his countrymen. , . ... "He Bays it is not the amount of the tax—it is a question of conscience. | have shown that by our efforts the tax !on a developed piece of land wo™ £SOO has been reduced from more tban £2 to 5s 2£d. If it had been only 2sd it would still have been a question of conscience—a twopenny-halipenny conscience! I have been told on pretty high authority rather to distrust that kind of conscience that strains at a gnat and swallows the whole camel of Protection." Mr Lloyd George quoted Sir John Simon's record on land taxes, and said that having first nailed his flag to the mast he had tried to shoot it down, and, failing to do that, lie had now left the ship. With repeated jabs and jerks of his thumb he built up the analogy between Sir John Simon and the i "guardian of doctrine ' in Nonconform- | ist churches. Mr Lloyd George said he had no ob--1 jection to a man changing his views, I "but I do object," he added, "to his treating it as if he were the only man who has a conscience; I do object to his intolerable self-righteousness, to his pretence that 'He tak's the high road and we tak' the low road.' Greater men than he have changed their principles, but they have not taunted the others with being mere manoeuvrers and tacticians. They did not leave this slime of livpocrisy behead them." i | BORING FOR OIL. \PKX2S ' ASSOCIATION TILBGSJUi.) I WELLINGTON, August IS. j New Plymouth (N.Z.) Oil Wells Limited report that the well has been bored to a depth of 2038 ft, at level a fresh gas and oil show appeared. Casing was run to the bottom and the mud circulated before cementing. | MEAT EXPORT TRADE. The Meat Board reports exports of meat for the period October Ist to July 31st as Under: ~ 1931. 1930. 10 mos. 10 mos. Ppef ore ■ - 104,260 .127,765 Mutton o'cj .- 2.125,395 1,841,783 Lambe'cs ■■ 7,007.547 6,138.654 Pork, e'es - • 114 f 9oo 110,248 Boneieiss beef, bags . . 91,565 76,267 Practicallv all the meat this year went to the United Kingdom, but included in the beet oxports were 500 quarters to Genoa, 5303 to Honolulu, also 609 lambs and ten sheep and 688 bags of beef. Exports to Canada included 556 lambs, 600 sheop, and 264 quarters of beef. , , t , Killings this season and last nave ueon aE fC,IOW3: ~ 1031. 1930. Beef ors • • 115,125 181,543 Wethers, e'es • ■ 1,350,793 Ewes e'es • 784,505 1,156,038 Lambs e'ets ■ ■ 7.764,022 6,907,528 pSriT' . . 138,091 131,521 Boneless bee/ • • Sundries • 204,427 138,194 Boneless beef and sundries are given in freight carcases. SHIPMENTS TO UNITED KINGDOM. 'l'lie A : om- Zealand Meat Producers' Board is advised from its London office that the shipments from Australia and South America to tho United Kingdom during the month of July wore as follows: — AUSTRALIA Carcases mutton Carcases lamb .Quarters beef • 104,6-( SOUTH AMERICA, Carcases mutton • ■ Carcases lamb J-So.Ml Quarters beef (frozen) < ■ ~>»44 Quarters beef (chilledl . . 013,4-,5 Included in the South American figures are 42,838 carcases of lamb and 86,388 carcaseß o'. ! mutton shipped from Patagonia. The shipments from New Zealand to tao United Kingdom for the same period were as follows: Carcases mutton • • Carcases lamb ■ • Quarters beef ■ • • i,o7j The shipments from South America to the Continent of Europe during the same period were as follows: —Mutton 407 ton?, trnxen beef 3387 tons. TALLOW The BanJL of New Zealand ka» i-vocivod tho following advice from its London office, under date August 12th: — Tallow —The demand is poor. Current quotations: Good mutton, 20s 6d to 21s per cwt; good beef, 20s to 20s 6d per cwt; good mixed, 20s to 20s 6d per cwt; gut, 45s to 17s per cwt. | DAIRY PRODUCE. i The Sew Zealand Loan and Mercantile | Agency Co., Ltd., have received the following | cablegram from their London office, under date August 12th: — Butter —114s. Cheese —White Cl.s iu 62 s, coloured 635. Market is firm. j TALLOW SALES. ! i j (UXllSa i'llliDS ASSOCJAIios—St SLIC-fJUO , TELEUBAPH —COPTKXQaT.j j LONDON, August l'i. | A* tiio laliou sales, 762 casks were offered j and 81 sold at a decline of one shilling, j Mutton prices: Fine 225, medium 18s. S Bee': Fins 225, medium 17s 6d,