FEDERAL LAND TAX.

Stratford Evening Post, Volume XXIX, Issue 98, 15 June 1911, Page 5

FEDERAL LAND TAX.

ENGLISH CAPITALISTS WAIT 'ON MR. FISHER. London, June 14. A deputation of members of the London Chamber of Commerce waited on Mr. Fisher respecting the land tax. i’hc speakers who voiced their objections included Sir Montague Nelson. Mr. Fisher said the tax was imposed in the interests of the Australian people, owing to evidences of development lining retarded owing to land being held for speculative purposes. If there wore any anomalies apart from the policy question he was prepared to deal with them. , Mr. Fisher, in the course of his reply to the land tax deputation, declared that investors were unable to produce evidence that labour legislation had depreciated Australian credit. Production was never greater, and land settlement was increasing. There was no evidence as to the crushing effects of the legislation. The tax had not lowered land values. The High Court could bo relied on to safeguard the interests of those affected. Mr. Fisher strongly objected to the attacks on Australian legislation. AN EMPIRE NAVY. London, June 14. Mr. McKenna, First Lord of tho Admiralty, at Porrtynool, said the naval arrangements made with tho Dominions wore most satisfactory. If the Overseas- Dominions develop fleets of their own, the interchange of officers md men, and common standards of training and discipline would enable the joint fleets to act in complete unison in the event of war. Tho Imperial Conference had laid tho foundations of a naval strength which would suf guard tho Imperial interests m every quarter of the globe. THE MARITIME STRIKE. BRITISH SEAMEN IN AMERICA. New York, Juno 14. Tho seamen aboard British ships at United States ports will not join the strike, tiic United States immigration laws preventing them landing. (Received 15, 9.30 a.m.) London, Juno 1-1. Tho seamen at Shields ha,vo pledged to adhere to. tho strike, Six hunJred‘ seamen and firemen at Liverpool refused to sign on the White liar or Canadian Pacific Railway liners. (P.occivcd 1.5, 10.50 a.m.) London, June 11. ihe enxhi if the Union Castle Royi! Mai! Line are demanding increased wages. THE TEN MARKET. (Received 15, 8.50 a.m.) London, June 14. “Tho Times” states that , there is evidence that tho stringency in tin has reached its maximum. The boars yesterday wore allowed to cover their spot commitments at about 230. The committee of the metal exchange do not. favour tho suggestion that it should ho given power'to declare a corner in the market, and also dislikes tho proposed new form of contract, which suggests that other descriptions of tin than Straits and Australian should lie authorised as good on delivery. FRIIE-FiCHTSNC. JACK JOHNSON IN ENGLAND.. (Received 15, 8.50 a.m.) London. Juno 14. Mr Hugh Mclntosh is arranging for Jack Johnson to go on an exhibition tour, to include Australia. Johnson is willing to moot Langford, MeVca, and Jeannette. . Coloured Electric Lamps for Coronation Decorations, Is 3d ouch. These lamps may afterwards ho and used for ordinary lighting.—McMillan and Frcclric.*

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