A WIDESPREAD EFFECT.
IL'STIiALIA "iS I'ROPOSKD LAND TAXES. ;l-"HI£HS ABSOCUJ lON. COMRUiHT., IvONJION. Thursday. An. article signed "Imperialist"' in t!ie "Morning Post." says it is certain that the uneasiness in L.nidon. Jhiancial circles will aU'eci Mr Filler's hind taxes. It is impossible to be truthfully reassuring in regard to the jh'os,pects of British companies boldiny large .properties in Australia. and it is c-qually clear that thy taxes wIII make the holding of ia r ge areas !ii an unproductive form absolutely impo sible. The taxes are certain to pass without serious ai t.'ra'. i> a. and there is only a remote chance of their (being deef'-red unconstitutional. They will cans." grave injustice unless the. Act safeguards city landlords. The diliicultie might be met by a provision that penal rates do not operate as regards areas under ten acre-;. Tt i.i not likely that the ■ firl'incial stabilitv of Australia will ';ie endangered. The aim of the legis- ; lalion to settle numorous small yeo- ' fitaurv i- good, but the method is ex p perimental.
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Bibliographic details
Nelson Evening Mail, Volume XLV, Issue XLV, 19 August 1910, Page 5
Word Count
172A WIDESPREAD EFFECT. Nelson Evening Mail, Volume XLV, Issue XLV, 19 August 1910, Page 5
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