TAXATION AND ECONOMIC RECOVERY.

Press, Volume LXVIII, Issue 20648, 10 September 1932, Page 19

TAXATION AND ECONOMIC RECOVERY.

B 00 SWTOB OF TUB WIKSS. ■ "Vmr correspondent '• Boule- ■ &". Trai p KES ,s yesterday falls ■tffjSL, erro r besides the ono with WuA**** " Ro * ?ril! Street -" A of the h. tier's letter "Boulevard" that supWlimtat h alnwt r,s " fno " s ris ■hLj thought. Apart, from the founded on a false preW*%«leTard'B" argimivut conH» frt, ey which is on*- ot tin: comWK*I! thOW perpetrated by the 'BpStiSded. Ho argues that because ' 'm/SSd States, whi<-h U suffering l ; HP3«, r ession, lias not excessive *sf nor abundant and expensive therefore these factors to our .lilticullie*. If »2Jtitl,jspropoMtioii tu syllogistic will obtain :. perP *S» ot anpcrficiiil thought. His Jwelution thai taxation re*otti jg too eiirioii;, for further SjSstreet" has given us some '~I| Jog j n g and an equally &ound jLta. The only criticism one can he asks for reduction of Irtm Without suggest ion new it can '3JU. This, theoretically speaking. '2Th als tho St!lte tr » dln ß ai '- iS'rf the State were disposed of a* «e who cared to buy, a very of the difficulty arises. Ltftjlr some, such as the State AdZm&tn and the Public Trust, 5?|K hard to sell at any price. jUs fWiner could be stopped from L**t# business until by effluxion of sft wtsed to be tho unwieldy and Lj BOBittT it is to-day and later Jrtjj landed over to a liquidator, r it tie way, should be compelled Ju|f the proceeds of tho liquidaliisdnetion of our National Debt. gglir what is happening to-day to ■ttnital repayments as are being fe-jating that the office has not £1 fresh loan for months. Except B||{oaple of' Consultants the Public My Department could be closed. The ftttajtßt Railway* would probably i;wWianer or purchasers, and so aiaifltate Fire and Life, the hydrodlfeKihejnes, and other minor activi((f fll* Crown. I regret, however. ior present type of politician is ftttyF to dispense with a very pleat'MMt ot more or less indiscrimiajptrfuge. He will, T think, in the |fl» forced to something like , I]t| laibour Party bas a policy of r■» disease, according to "your g<{view. It worships the Marxifcay that the possession of private tfmi* evidence that you stole it. tlffMHr politicians in this country it4tV ft 1M past been' totally de. titffajr priaciple as a guiding force stv Mtivities. One lot has had B| ; ;ito'tbe Other has not, which is \oriMib\t distinction between Keiiid United. At present both have irafeia they are to disappear iikcer hek of vitality it will bo MM? fw them to think tip someisrto think about. Individual effort 4e oarjr aolution of our difficulties ttta aoftwr our non-Labour politicS taktttat to their hearts with all impptattsMi some of which are set I ihtii, the (©oner are wo likely Mttava «i«W,*ort <>f permanent finail rtlMfcty.~Your>, etc.. I?" '■ "v PAVEAfENT. September %% J982.