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Hawera & Normanby Star, Volume XLIV, Issue XLIV, 19 May 1924, Page 5

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MR. MACDONALD'S VIEWS,

LAND REVENUE.

6Y CABLE—PEESB ASSOCIATION—COPYRIGHT

LONDON, May 17. My. Mac Donald, at the opening of the Parliamentary Labour Club, said he w.as tremendously pleased with the Opposition, who were behaving splendidly. They were compelled to admit the justice of Labour's Budget. Although they had blundered badly they had not got out of hand, but they showed incapacity for criticising discreetly by starting a cry that the removal of the McKenna duties would kill the motor car industry. They asserted that this would throw a million men idle from an industry actually employing 200,000 i men. The mathematics of protection i were just as bad to-day as in 1905 itntish manufoturers, by crying stinking nsh from the house-tops, and the newspapers destroyed their own markets by telling the people that industry must fail. J

xi.Mr- Phllll P Snowden (Chancellor of the Exchequer) speaking at Cblne Valley, said he hoped in the present year to establish a well-equipped land valuation department, and at the first opportunity he would submit financial proposals for taxation of unearned increment of land He thought the sum obtainable by these means would be very substantial. """