SIX O'CLOCK CLOSING.

Taranaki Daily News, 15 December 1917, Page 7

SIX O'CLOCK CLOSING.

To the Editor. Sir,—A few more extracts from the press for the consideration of Mr. Frceth. Six o'clock means an estimated loss to the revenue of half a million, which is met >by the easy way of borrowing four millions instead of !by taxation. If reasonably good prices are maintained for our produce we will probably bo able to bear our financial burdens. The placing of huge loans free of incomt tax means the reduction of the. total 'wealth of a country from which revenue can be obtained, leaving the balance/'to shoultlcr the increased taxation. We find that State control works very well and shows a reasonable profit. Our managers are not paid by results, and they do not care whether a man has one drink or twenty The comparison of the revenue resources of America, and New Zealand is about equal to a dairy farm on the top of Mt. Egmont and one on the Waimate Plains, but the prohibition bill is not carried yet in America and it is to be hoped wisdom will prevail, and they will study the plight ot Russia which. carried prohibition at the outset of the war.—l am, etc., RENOWN.