The debate was interrupted by the halfpast Jive p.m. adjournment. The !.House resumed at. hall-past seven p.m. ■'•»] Mr Seddon, continuing his speech, • said in regard to clause 13, which provided thai every banking company and every other company; firm, or person who, in the course of business, held money by way of deposit, and was allowed interest thereon, must furnish - annual returns to the Commissioner,, of Taxes of all deposits, nones of rfeponjtors, -;r etc. He, would; not ask the House "to, pass ■ ;■ it as it stood. 'The clause Would either be not {Tone on with or else be subjected to modification. The Bill was not brought > down for revenue purposes. During the* time it had been before the country he had not heard or received a single complain*- re- '-, sardinf it. . Ther,e had been a clause that the graduated lard tax should be further increased,-but when they did not want reVnue, ami it vrouW be simply imposing i ; - : " v;: ■ . :.■■■ ■■■-.. "-.■vf.-.-.v.v.■ \
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Bibliographic details
New Zealand Herald, Volume XL, Issue 12401, 24 October 1903, Page 6
Word Count
161Page 6 Advertisements Column 1 New Zealand Herald, Volume XL, Issue 12401, 24 October 1903, Page 6
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