COMMENT IN LONDON
POLICY CONDEMNED
EFFECT ON AUSTRALIA'S 1 " CREDIT
LONDON, 24th November. The "Financial News" states the new super-tax proposals will accentuate the complaint of double taxation from those liable both here and in Australia. The- effects of the increased Customs duties may be considerably more serious. Manufacturers here will necessarily be injured, while from Australia's standpoint the tariil changes will perpetuate a policy which already has been condemned as contributing to that failure of expansion of national income which is the root of her financial difficulties.
The editorial awaits details of the banking proposals, and says the disturbing element lies in the source from which they proceed. The article concludes: 'Mr. Theodore has admitted that Australia's credit is somewhat impaired and his statement has not given grounds for thinking ho is on the right road to restore it."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19291125.2.63.2
Bibliographic details
Evening Post, Volume CVIII, Issue 127, 25 November 1929, Page 9
Word Count
140
COMMENT IN LONDON
Evening Post, Volume CVIII, Issue 127, 25 November 1929, Page 9
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in