NEW SOURCES OF INCOME.
STATE ENTERPRISE ADVOCATED Cbristchurch, Sunday. Speßking at Aranui school yesterday, the Hon. G. W. Russell said there lay before the statesmen of New Zealand the problem of how to pay the cost of the war and still keep the country prosperous. "Our object must be to endeavour to create sources of income for the State other than taxation," he said, "It seems to me that tobacco, petroi. and things of that kind are goods the State might easily declare a monopoly over and make a profit from their sale, and still sell the articles at a lower price then the public is paying for them now. When we were paying 3s 6d a gallon for petrol the same quality of petrol was selling retail in the United States at ,10d a gallon. If the Government is prepared to adopt a bold course and take a monopoly over various articles there should be a material increase in the income of the State, thus lessening the need for taxation."
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Bibliographic details
King Country Chronicle, Volume XII, Issue 1153, 24 December 1918, Page 5
Word Count
171NEW SOURCES OF INCOME. King Country Chronicle, Volume XII, Issue 1153, 24 December 1918, Page 5
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