REMITS CONSIDERED

Evening Post, Volume CXXIV, Issue 110, 5 November 1937, Page 5

REMITS CONSIDERED

CHAMBERS OF COMMERCE

CONFERENCE

(By Telegraph—Press Association.)

TIMARU, November 4.

At the conference of the Associated Chambers of Commerce of New Zealand, the serious problem of youth unemployment was referred to' in ' a remit from Auckland which urged modification of the rigid statutory provisions affecting youths of 18 : years and upward. ,■.,•• ; Mr. R. H. Nimmo (Wellington) said the problem was one of the most pathetic facing the Dominion, but he was happy to say they had appealed to the Government for flexibility in regulation and this had.been granted^ and it was now possible to secure underrate workers, 'permits. He thought the Government deserved credit for meeting the position in the way it had. The remit was withdrawn. A remit asking that representations be made to the Government urging consideration of the difficulty of defining the unimproved value of land and the possibility confining the valuation of land to capital'value and annual value, was moved by Mr. J. Richards (Stratford), who submitted that market value could not be divided into component parts as it consisted essentially of the whole. Taxation, both local and general, was levied on estimates of values. Since. an' estimate of unimproved value depended mainly oh an estimate of the value "of improvements and seeing that the latter could not always be identified/it followed that injustice must occur. Large areas of highly lucrative wealth in the form of improvements were ■ exempt from taxation and the speaker asked if this was fair. ' ■''■'.■"■' The remit was lost, as was a'remit urging the abolition ofthe sales tax. Mr. Nimmo, in opposing the remit, said the tax yielded £2,500;000, which would have to comefrom direct taxation from business people, and they could not pay it. ■ ■'. : ■.' : ■ Mr. G. Fraser,'(Taranaki):'lt is-only a wage tax extracted under chloroform, anyhow. ■ ; ... -;: ■■' ■"[ ■' ■'.'■; On the motion of the president,; the conference expressed sympathy with Sir Charles Norwood in.his serious illness and hoped that he would make a speedy recovery., My Tears, My Sighs, My Moans. —Shakespeare. Weeping and wailing never yet cured a cold. Take common-sense precautions and Baxter's Lung Preserver and , you .will cease ■ suffering. Baxters quickly cuts phlegm, soothes inflamed parts, arid .tones up the system with its'valuable tonic action. Pin your faith to Baxters, the proved popular remedy; is 6d, 2s ;6d, 4s 6d everywhere.—Advt.V : '