IMPERIAL CONFERENCE.

Marlborough Express, Volume XLV, Issue 141, 20 June 1911, Page 5

IMPERIAL CONFERENCE.

DOUBLE INCOME TAX,

[press association.] ' (Received June 19, 10.15 p.mi). ■■.-; : London; Jun?.ia

At til© Imperial Conference session on Friday, Noyr Zealand's resolution regarding double Income TaxJ and also Geii&ral Botha's resolution on the sarnie subject aiitt^on the; death duties, #ere withdrawn. ;■ ■'. Sir Joseph '■ Ward recognised,' from Mr .Lloyd George's explanation at the subOanferenoe, where the matter had been fully discussed, _ that the. proposed change was so serious as far as the British Government was- '-ooncern^d, as«tof ni^ketijb aceepi;ai<S6 rnipossible, but it would b©. very advantageous if .soipe system could >be arranged to mitigate or obviate' the present hardship to Income Tax payers.. -...■ v.V.V;; ..\'W'.Y- . ..■' ': .;: ■' General BothV.; said that he 'was disappointed ;.at the , *'' ■ LITTLE PROGRESS on tho question; since the> last Conference and at the suggestion.of the. Motherland, to exempt: persons of small income as long; as they resided in1 one of the Dominions. The ppsfr tion might partly.- beVinet by extend--ing oif principle 'embodied .in th© " IMPERIAL/ DEATH DUTIES ; legislation. ■*'[ ■'■■ Jf.Hh©'1' Government ' were ".> unable to' gp the: whole way 'i© suggested that whior© a.rest-; dent* in the United Kingdom invested money iri the Colonies fie should pay only,, the"; -difference , /b^tweeri the Oolonjalj^nd th©oMp%erl&^ Tax \ dues*; ;,' Th|s, I Ifould:., ,i stimulate, British'intie^ and 4^W^.:'-^*:<>-^1?1l?ffl?*;i:'/: iriyested 1 $a&iiiti&am^ ;V-' ';;': ■' ': Mr Lloyd '<G^r^. < '^afed,-jlihJtt.';.^i6' abolition :'...0f ; <.:'th^--;^j|Wftjylne<faie! i Tax1 :would':-iii^v'ei.'"a;l '.'iwy^(r©^yloss-'--' to the ;British>\Excfeeq.uei'.;'yearly,-. ■ and, the ■iamo.uitii:«^\lJa».pv^l«li4^'tend;'.vfto increase. '*; ■. firfeatt .:■" ■ ■ Brit&in •: •■' «j.'' th"& WOrfdV ' '- .■'■!•. -■■■': V^-V;VV:r v- ;. ; ; .-r, GREATE^^^NDJOT !3ne had £3,o(k>iOQO>ck>6 in^siied^ $ver-'. seas, varid -,if siblise: ;i#pbni & .Jpfe ( fenfenaie. > i.wa^.;'- ~- rt^^r;xiitep^^^^'j;tttfe^ |' -ihj&^ S^ho^-^ipito3f^^^;:^*ie#B^'!;- :i##^QUld/-'•aniil-ilaiefcVj^^ resident Yinr-Gji^aifr, .B#it£is>V?- \"Jfc!r-! \ras ijtap'#sibfe te'lu&Stcv^f ij^<<p^r ury:' [ '-;::;^sgi^ imiried'iaitieiyV^^ of; 190^0, ;tion:Asii|^e|i^;v^ atripujrtib ;?■ #ay;;?si&»J4 '-^na';th©'' difficulty" ;adminisfera|^Lv^;i: :l' It vwC«ild;..''-.' Alb!el i ':.irtt"i ■ ■possible ;^ lelieckv^ith,, accuracy - the ;fciaimi9,--:i.aiiid;\it4^, authority ■ woujd be': compelled -} tloi.-:^c^^swer^^tda'imjin^'® fi^tementf ]> G^er^l : Botha,'*}' 'final; f■:.^iile h" ■;.-f«s,'npw for''the 'fif&t time '■'.KAyv^6&^ i '-:i^^^:'^-;^iiit'lH'-;;;^RTßY,^p^NSlfi|a|A^lQ^.;» Ho; \wo,uld.;i,^sieeictjtin ■ its' possible; pk febt • ■■aajd;\de'cid©">liter^«on^ .;';;■"{ ■.;',>';.■.'""; -'V; :;:/.(3eneral^Bbilta^'fjiopeid"-vfor. ■■'early- . ■ iegM^jionC ik-.V'. '■■";.■ *;": ~,■ •->''■..-> v THE DEATttjMiIES ■ W SOUTHi ;■-■ :.va-'::;.;;|Cf ;;i*E^iGAJ:;>;/:. ; .; ';> i Hp f suggested; that death duties should i\ b.e oh^fged: pp. -companies-only in, the, country i wher^ -iSji«y, were' regis^-•teredij-v4; «■« ■■r-ri' -'^^-r/'r .."-;■ ■' '^:\\-'^ ;i}' i}.Mij-|'3Llpy3.'/iJ&e(>rge':;- :remarked-: :i that 'the:;/'proposed regarding death duties? would ttltiiniately co^t ■fclie British Eichequer U^SOQ^QOO per .year. '; ''■.'The ■■proyliMoh; ift''th|i;'Wnanc©' ; A»«t iti qjie^tion .was !appli<sable io 35 Colonies. ;. Th©" arrangement Avas generally/'satisfaotoryj0 Although it did t not appear :to!,:worfcvfell in Sout-h Africa. -If the companies wanted the advantage of the' British' market it wasr,only fair that', the, I^chetjueir .fiiouldj,.ta?C:,ishem..f /^^w/S; '-'^ ■■■ \\ ■' ;-

Mr Malan asked would Mr Lloyd George consider the suggestion of PAYING THE DIFFERENCE Letween tho Colonial .and the Home tAxes in connection with the death duties equally with the Income Tax ? Mr Lloyd George promised to consider it, but said that it was rather a different matter. Th© Conference briefly discussed the Commonwealth's resolution recommending the reform of the

:Mabpij^n of soyerpigps; : c^fia^j£^t,aii»i; j;iai.?i<|, ■■• gested' a ■ Cpitf^ri^oiffr % J yieW- to considering".- the pjossibility of a' 1 Mr Pearee declared : thats the; Australians werein fayorof the decimal system. • ■-. ■ -:"h .: ■''■■:■ "■' ■' '.: .Y. ;■' ■' ,' Mr Lloyd- George said that the '.-'■;; ' METRIC ."■StSTEMV. ;vi \ . ■\. would seriously, disoigaiii^©-^ trade, especially 'the cotton trade, ■■■.•'ajtid/a' double System:-,, of ' sovereigns : and 'dollars would create serious ;confusion. He did f riot cjtre; to undertajje the resjDohsibiiity of such., a revolutionary change; The subject /then dropped. : i. .' SHIPPING*? COMBINES.

During the discussion on Mr Graaf's resolution in'favor of conceited action to. promote better trade arid postal communications within the . Empire,. and to- discourage the shipping combines, Mr ' Buxton suggested .the addition of the- following words: "Insofar as such" combines were prejudicial to trade." He said that he must, not, however, be QonsiJered as nopessafilyvagi-eeing with all Mr Graaf a arguments or conclusions. They <raust look at the question from-a more ■■''

GENERAL STANDPOINT, Ho reminded the Conference^ in connection with the Royal Commission on rebates of 1906, upon which the Domivions were represented, that the majority report had not made very drastic suggestions. They proposed, not the-