INDUSTRY IN BRITAIN.
THE BURDEN OF DEBT. PLEA TO "GET OUT OF PAWN." (Received October 7, 7.35 p.m.) A. and N.Z. LONDON. Oct 6 A proposal for a surtax on incomes over £SOO was adopted by a large majority at the conference of the Labour Party in Blackpool. Mr. E. Bevin said : " Many of the difficulties of the trades union leaders are due to th«L millstone of taxation on the neck of industry. You talk as 'high-falut-in' as you like when works are closing down and work is going to other coun tries, but for God's sake do something to save industry, work and wages. Have a surtax or capital levy, but unless you tackle the credit system itself you won't get rid of the tremendous debt hanging on industry. There must, be one great national effort to get out of pawn."
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New Zealand Herald, Volume LXIV, Issue 19762, 8 October 1927, Page 11
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142INDUSTRY IN BRITAIN. New Zealand Herald, Volume LXIV, Issue 19762, 8 October 1927, Page 11
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