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SPECIAL DEFENCE LEVY

HOSTILITY IN LONDON

SCATHING STATEMENT

HANDICAP TO BUSINESS

(Elec. Tel. Copyright—United Press Assn.) (Reed. May 27, 11.30 a.m.) LONDON, May 2ti. Continued weakness of most shares reveals that the City's hostility to the special tax as a defence contribution is unabated.

Sir Robert Home, the Conservative member of the House of Commons j'or Ilillhead, voiced the discontent in a scathing statement, declaring that if a malevolent spirit desired to tempt British industry back to its old sluggish ways it could scarcely have conceived a more insidious device than the defence contribution which singled out for exceptional taxation the growth of business.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19370527.2.33

Bibliographic details

Poverty Bay Herald, Volume LXIV, Issue 19335, 27 May 1937, Page 5

Word Count
104

SPECIAL DEFENCE LEVY Poverty Bay Herald, Volume LXIV, Issue 19335, 27 May 1937, Page 5

SPECIAL DEFENCE LEVY Poverty Bay Herald, Volume LXIV, Issue 19335, 27 May 1937, Page 5