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EFFECT ON MOTOR INDUSTRY.

AN AGRICULTURE DEPARTMENT AND LABOUR EXCHANGES. . : London, April 30, . The Budget includes a sum of £200,000 to promote afforestation, a similar sum for a new Agricultural' Development Department, and £100,000 'for labour exchange buildings. ■ The rebate on petrol (on which a new duty of'3d. a gallon is proposed) is ljd., not H-> in tho case of commercial vehicles. It is stated that the tax represents £7 16s. on a taxi : oab per annum, and £15 12s. per. annum on a motor-bus. : Private cars will hereafter pay from- twico to twenty times the amount of - the former license, ■ ■ FALL IN MOTOR COMPANIES' SHARES. ■ (Reo. May 2, .1.30 p.m.) London, May 1. There has been a heavy fall.in omnibus and motor shares. . , /

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19090503.2.51

Bibliographic details

Dominion, Volume 2, Issue 497, 3 May 1909, Page 7

Word Count
124

EFFECT ON MOTOR INDUSTRY. Dominion, Volume 2, Issue 497, 3 May 1909, Page 7

EFFECT ON MOTOR INDUSTRY. Dominion, Volume 2, Issue 497, 3 May 1909, Page 7