HITLER ECONOMICS

Otago Daily Times, Issue 21985, 21 June 1933, Page 7

HITLER ECONOMICS

SCHEMES FOR FINDING WORK FINANCING OF MARRIAGES. LONDON, June 9. The new German Bill for the relief of unemployment aims, at encouraging marriage and is hailed by the Government’s supporters as Herr Hitler’s first real offensive against worklessness, says the Berlin correspondent of The Times. The Bill taxes bachelors and spinsters, and devotes the resultant revenue to married people to enable them to furnish houses. Servants and their employers are relieved of insurance and unemployment taxes. Householders may reduce their income tax by including servants as members of the family who are without income. Firms buying new machinery will be entitled to income tax concessions. The Government expects to finance 150,000 marriages a year, providing £SO to assist the newly weeded to establish their home if the bride has been in employment for six months of the last two years, and promises not to take work during the employment of her husband, who must bo earning at least £6 2s 6d per month. An official commentary points out that the Bill aims at combating unemployment by stimulating economic life conformably to the principle thfit an increase in wages turnover and the national income will ultimately benefit public finances, and thereby result in providing work and decreasing the burdens imposed in savings. The Bill is composed of six sections, namely: Creation of work; exemption from taxation for that part of income applied to the replacement or acquisition of machinery and implements for industrial and agricultural purposes; voluntary contributions to a public fund for procuring work; attracting female factory operatives and office workers back to domestic work; encouraging marriages; and regulations for giving effect to the new law. ' .