SOFT GOODS TRADE
discounting of stocks deputation to minister "The change over from a war to a peacetime economy will not be accomplished without many creaks and groans of the entire commercial fabric, said Mr. D. A. Ewen in his presidential address to the recent annual meeting in Wellington of the New Zealand Wholesale Soft Goods Federation He emphasised the fact that there were enormous stores of reserve wool, estimated at 1,100,000.0001b. in the United States and 330.000,000!b. in Britain. Mr Ewen added that the future of New Zealand still lay with Britain, who would again in peace, as in war, save herself bv her exertions and also save the world by hei example. Referring to the frequent attacks on private enterprise and the profit motive, he said that Government officials performed very necessary functions, but so did business men. for commerce was one of the main productive sources in modern civilisation. Mr. Ewen stated that a deputation had waited on the Minister of Finance, the Hon. W Nash, Raking representations with regard to the dangerous situation in which traders carrying stocks were placed, oving to the Income Tax Act not allowing them to discount their stocks adequately, except on an income tax paid bisis. which, on present tax rate* was a practical impossibility This was due to the fact thai foods were being bought on a very inflated market and were thus liable to fall in value at some future date when peace came. Although the Minister promised an answer before leaving tor overseas none has yet. been receivedMr Ewen added that he did not mean that peace would be followed rapidly hy i, slump and he considered this nnlikek , , „ The following officer? a ere elected: —Presi rfent Mr D 4 Enen; executive. Messrs. G. fin w ,l A Chart res. P Shaw, and W ? Smith: council, Messrs Chart res chairrrmn R J Booth A Cornelius. A. A. Cramond. H L EverinKham. J W A Harris and R G Kain MONEY GOT BY FRAUD FATHER OF 13 CHILDREN £66 TAKEN FROM WOMAN (0.C.) HAMILTON. Thursday "By falsely representing to a quarter caste" Maori woman in Morrinsvill< that she had an interest in certain land and that £BOO was held for he by the Native Trust Board in Welling ton the accused obtained from her sum, of money totalling £66," said Detective Sergeant Murray to-day when a Maori George Smith, pensioner, aged 68, o. Waihi (Mr. King), faced 10 charges of obtaining money by false pretences before Mr. S. L. Paterson. S.M. Smith pleaded guilty. , On going to board at complainant s place last August the accused displayed a, knowledge of her ancestry, said Mr. Murray. He supported his statements bv producing maps, one of which he got her to sign and fill in the names of her children for rights of succession. He told her he was working in her interests to have her claim established. He said he was seeking to have £BOO released for her and told her expenses were involved in obtaining witnesses and for other reasons and obtained £66 from her over a period. The accused was the natural father of 19 children, four of whom were serving overseas, said Mr- King. He was a a lead man of his tribe up to the time of the offence and had never been in serious trouble before. He could not make restitution at once, but was willing to pay £2 a month from his pension. Mr. Paterson said his first inclination was to send the accused to prison, but the question of restitution might have some bearing on it. Repayment from bis pension would not do. The accused was remanded in custody to enable the police to inquire into his record. NATIONAL PARTY BRANCH (0.C.) HAMILTON, Wednesday The election of officers for the ensuing year was held last night at t lie annua) meeting of the Hamilton South Branch of the National Party, and resulted as follows: —Chairman. Mr. E V Riest-erer; secretary Mr. E. R. itoskriw, committee, Messrs. E. V. Riesterer, £. R, Roskrufce, J S. McMillan. A. B. Matthews X. .T. Holden, A W Ebbett, S. J Bennett. J. S Duncan, L. C Vickers. W H. Braddock E. G. .Tones. W P. McGloin, F J. Farreli, G. E. Smale. J W. Belz. E. C Day, A. Tot-man, A E. De Lacey, J. C. Cleland, L. B. Aitken, Mesdames (}. M. McInnes, L. M. Grant. O. G. McLean, E. V ■ Riesterer, 11. n. Howden, M H:,ll. Griffiths, J. C. M. Howden. Misses I. B Turner P. C. von Sturmer, and Finlayson FURLOUGH MAN'S URGENT REQUEST A soldier recently returned on furlough had what he called a "desert cough. " One of the first things he asked tor when he arrived back in New Zealand was a bottle of Baxter's Lung Preserver He said it tvas not obtainable in the canteens overseas and verv lew people ever thought of putting a bottle o r "Baxters" in the parcels the.v sent There is no doubt that where "Baxters" has been included in parcels it has been very well received because sooner or later either the recipient or one of his pals would give anything for a dose of good old "Baxters." unique New Zealand remedy continues to grow in popularity. It has a marvellous record in dealing with coughs, colds, sore throats and many bronchial ailments. The immense popularity of "Baxters" proves its value "Baxters" is pure and safe for all ages and is sold by all grocers and Ihemists. Prepared solely by Baxters. Ltd., 602 Colombo St., Ch'ch. —Advt.
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Bibliographic details
New Zealand Herald, Volume 81, Issue 24874, 21 April 1944, Page 7
Word Count
930SOFT GOODS TRADE New Zealand Herald, Volume 81, Issue 24874, 21 April 1944, Page 7
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