SILK DUTIES
ESSENTIAL FART OF POLICY. BROADENING TAXATION. CHANCELLOR’S EXPLANATION. BY CABLE —PRESS ASSOCIATION—COPYRIGHT Received May 13, 9.4 a.m. LONDON; May 12. In the House of Commons, the Chancellor of the Exchequer, Mr Winston Churchill, announced 'that with regard to the present scale of silk duties, not all the details were absolute or final. Immediately the Budget resolutions were finally passed, there would begin a discussion with real and artificial silk trades. The Government merely, asked the Homse to assent to the principle of the tax, after which .all parties, including the' Government, would be ' free to revise the present scale. It was impossible to thx real silk and leave artificial silk free, both must be treated, equally. Silk ta-ses were an essential part of the Government’s policy for broadening the basis of taxation. Labour, amendments postponing the operation of the silk duties from the lsst of July to the Ist of December, and omitting Customs duties on artificial silk, were rejected, and resolutions authorising the Custoiiis to excise duties on silk were carried by 330 to 166, thereby completing the report stage on all Budget resolutions, after which the Finance Bill, founded thereupon, was introduced and read for the first time.—Reuter
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19250513.2.42
Bibliographic details
Hawera Star, Volume XLV, 13 May 1925, Page 5
Word Count
202SILK DUTIES Hawera Star, Volume XLV, 13 May 1925, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. 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