GRIM PROSPECT IN U.S.

Poverty Bay Herald, Volume LIX, Issue 17909, 13 October 1932, Page 2

GRIM PROSPECT IN U.S.

INCOME-TAX SLUMP WINTER RELIEF FOR 27,000,000 WASHINGTON, Aug. 7 23. Twenty-seven million -persons will be dependent on public, relief in the coming winter, according to a. national survey in the magazine ‘ ‘Fortuny” which caters for the -wealthy classes, selling at 4s 6d a copy. Tt is estimated that the unemployed will reach 11,000,000, and, that, with ‘their dependents, they will bring the total number of people Without income to 27,500,000. -Of these 2,500,000 might have savings or other resources. income-tax revenue in the United States shows a decline of more than £l6O 000,000 over that of 1931. The figures are:— 1931: £372,000,000 1932: £211,200,000 Internal revenue returns, in whicli income-tax was included, have declin■'ed from £483,600,000 in 1931 to £311,400.000 this year. Relief programmes of the past three years are characterised as “wasteful aud uneconomic." It is asserted that the theorv of the administration that private charitable organisations and semi-public welfare groups would be capable of caring for the victims o' the world disaster, has resulted b “heterogeneous groups of official and unofficial agencies struggling unde untrained leadership against inertia xnisery, suffering, and want that tlie v rare unable.to overcome."