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THE FOOD SUPPLY.

PROTECTING THE POOR FROM

TRUSTS.

DISTRIBUTION OF TAXATION

Australian and N.2J. Cable Association. LONDON, July 2. Lord Rhondda, speaking at Cardiff, described his position as the guardian of the consumer, particularly the poor consumer. He is sanguine of securing a substantial reduction in necessaries. Ho is going to shelve politic economy for this purpose. He hoped that lie and Mr. Hoover, in the United States, would be able to defeat the operations of the trusts. Australian and N.Z. Cable Association.

(Received July 3, 9.15 p.m.) LONDON, July 2. In committee on the Finance Bill, Mr, Lough moved a reduction in the tea duty from Is to Bd. Mr. Bonar Law said lie regretted tlio necessity for increasing burdens, but the revenue must be found. The Government was endeavoring to get revenue from those best able to contribute, and this was shown by the excess of direct ove.r indirect taxation. For 1913-14 indirect taxation amounted to sixty-nine million pounds and the-.present Budget to £102,000,000. In 1913-14 the direct taxation totalled ninety-three millions, and now it was £466,000,000.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19170704.2.21

Bibliographic details

Gisborne Times, Volume XLVIII, Issue 4602, 4 July 1917, Page 5

Word Count
179

THE FOOD SUPPLY. Gisborne Times, Volume XLVIII, Issue 4602, 4 July 1917, Page 5

THE FOOD SUPPLY. Gisborne Times, Volume XLVIII, Issue 4602, 4 July 1917, Page 5