WHEN LABOUR RULES
FINANCIAL POLICY OUTLINED. OPPOSED TO PROTECTION. Pr»a< Aa*ociation—By Telegraph—Copyright LONDON, October 27. Mr Philip Snowden, speaking at Pais, ley, said that the next Labour Government would demand the key position of capitalism, such ns tho ownership of tho land, the railways, and electric power. Its financial policy would bo to raise revenue by the taxation of unearned wealth, and to remove taxation from the necessaries of life. It seemed most likely that the present Government, if it remained in office throe years longer, w-ould iniixi.se a full-blown system of Protection. Tho Labour Party stood solid against Protection, but it did not favour imports, the production of which involved the degradation of foreign workers. —A. and N.Z. Cable.
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Otago Daily Times, Issue 19623, 29 October 1925, Page 9
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120WHEN LABOUR RULES Otago Daily Times, Issue 19623, 29 October 1925, Page 9
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