PROHIBITION AND TAXATION Q.—WHAT T9 THE SOURCE OF .REVENUE? ; Answer—Production. Q.-WIIAT IS NEW ZEALAND’S ANNUAL PRODUCTION? Answer Approximately £100,000,000. Q.—WHAT IS THE ANNUAL NET STATE REVENUE OF NEW ZEALAND? Answer. —Last year £15.600,000, Q.—WHERE DID THIS COME FROM? Answer.—From the £100,000,000 of production. 15.6 per- cent., or £ls 12s in every £IOO, went to the State. Q.—WILL PROHIBITION RESULT IN INCREASED WORKING EFFICIENCY? Answer. —Yes. American estimates based upon actual experience place the increased efficiency at 21 per cent., but- call it .10 per cent., or even , as low’ as 5 per cent., this means £5,000,000 to £10,000,000 extra production. Q —WHAT REVENUE WILL THE STATE LOSE THROUGH PROHIBITION? Answer.-—About £1,000,000 a year, Which is at present derived from the expenditure of £5,(J00,0G0 on liquor. A.Summary will appear in this space • Q.—WILL PROHIBITION MEAN ' ANY ADDITIONAL EXPENSE TO THE STATE? .Answer. —Yes. Interest and Sinking Fund will have to be provided upon the compensation paid to the trade. This will not exceed £250,000 a year. Q. —WILL PROHIBITION BRILL ANY INCREASES TO THE STATE REVENUE Answer.—Yes. The £5,000,000 now spent on liquor must be disposed - of in other ways,and so must : yield the same aveiuge return to : the State as the rest of produc- ! lion does, viz., 15.6 per cent. ■ This on £5,000.000 is £780,000. ! Q. —WILL THERE BE ANY OTHER : INCREASE TO THE STATE : REVENUE AS THE RESULT J OF PROHIBITION? p Answer.—-Yes. The increased pro- : duction will yield the same return of 15.6 per cent, to the State. On * £5 000,000 this is £780.000; on \ £10,000,000 it would" be £1,560,- ; 000, and on the American esti- ‘ mates a much higher sum. ‘ Q.—WILL PROHIBITION CAUSE . ANY REDUCTION IN STATE . EXTENDITURE? , ‘ Answer.—Yes. Present expenditure ' on Police, Gaols, Law courts, , Hospitals, Charitable Aid, Old- i age Pensions, etc., is £1,474,000. Experts estimate that at least 55 per cent., or £BIO,OOO, is caused j by drink. This will be saved under Prohibition. in Monday's issue. STRIKE OUT THE TOP LINE ON THURSDAY, 10th APRIL.
MONEY. The permanent building SOCIETY accepts MONEY ON UK POSIT, as under:— _ PER CENT, AT, CALL. 2 33 PER CENT if fixed at 3 or 6 4 Months. 4 PER CENT if fixed at 12 Months. Full * particulars on application. , GEORGE M. BOUT, Secretary. MONEY TO LEND AT 5 PER CENT. THE PERMANENT BUILDING SOCIETY lends Money at five (5) p&r cent, on Oity and Suburban Se--1 ouritiee, repayable by MONTHLY IN- | STALMENTS.'. ' ... • BORROWERS participate m PROFTPS. . ■ BORROWERS can repay sums of £2 or more on any monthly pay-day, interest ceaoing on sums repaid from date-of repayment.... - WHY. PAY Si per cent, or 6 per { cent, for your loans when you can obtain the MONEY from this Society at 6 per cent.? TABLES of REPAYMENTS and all ■ information obtadAable at the Office of the Society, Trafaigar-etreot, Nelson. GEORGE M. ROUT, Secretary. MONEY TO fiEND. PITT AND MOORE, Barristers, Solicitors and , Notaries Public. \T|TE HAVE MONEY TO LEND for iVV Clients in large or small sums ! to isuat Borrowers, at Lowest Current Rates- of Interest. Very; easy terms mode for repayment of principal. MONEY TO LEND. ADAMS AND HARLEY, Banisters, Solicitors and Notaries Public MONEY TO LEND at Current Rate of Interest on Approved Security. ! Easy Terms hiade for Repayment of Principal'' ‘ COOL STORAGE WORKS, APPLEBY nii i.i m miiiji jinn ' I iifMW I AM now receiving orders for space for coming season and growers and dealers contemplating Cool Storing will be well advised to make early application for space. The installation of dual machinery and modern appliances ensures good results ■ and: lines of fruit receive my personal supervision and care. Apply for your space early to ■■"’CL IA GRAINGER. ' v Private Bag, Nelson. Telephone 178, Richmond * WANDARD INSURANCE COMPaNI ... OP NEW ZEALAND. LTD. NELSON BRANCH. IRE, Employers' liability. Accident and Disease, Marine, Common Law, Mortgage Indemnity, Workers’ Compensation, Personal Accident, Fidelity Guarantee, Administration Bonds, Plate Glass. Policies issued at lowest current rates. Thp Company ia a New Zealand institution, with funds invested locally and offers Absolute Security ? .Simplicity of Contract, Prompt and Liberal Settlement of Claims. F. A. BAMFQED, Manager NELSON COLLEGE OLD BOYS’ FOOTBALL CLUB. THE AnpuaJ General Meeting of the N.0.0i8.F.C. will be held at the Mditfuie Rooms ,on Monday. March 31ist, at 8 p.m., when all members and i'jrtendihg members nro urgently ro quested to attend. It is proposed to enter teams iln the competition this season. L. E. H. BAIGENT, . Club Captain. I PROTESTANT POLITICAL ASSOCIATION OF N.Z. (Incorporated.) A GREAT MEETING OF PROTESTANTS will be held in the SCHOOL OF MUSIC, NELSON, On FRIDAY NEXT, 4th APRIL. At 8 p.m. To inaugurate a Branch of the Association in Nelson, when the NATIONAL LECTURER, he rev. Howard; elliott, lay before you the facts as to the for an effective organisation of Protestants e Chair will be taken by the ity Mayor, Mr. T. Pettit. >MISSION will be by TICKET Yj which can the obtained FREE members of the Committee, or THE SECRETARY, P.O. Box 31, Nelson. ,
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Bibliographic details
Nelson Evening Mail, Volume LIII, Issue 75, 29 March 1919, Page 4
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832Page 4 Advertisements Column 3 Nelson Evening Mail, Volume LIII, Issue 75, 29 March 1919, Page 4
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