A voice: "Nationalise!"

Taranaki Herald, Volume LIV, Issue 13484, 26 July 1907, Page 5

A voice: "Nationalise!"

"It is very nice to affirm the principle," said the Minister, "but it is very different when you start to put it into, working order." Ity was of course, he continued, quite practicable; but when they were urged on the one hand to find the money and on the other condemned for borrowing it, how were they going to do it? It was absolutely impossible to go in for those things without borrowing. It was suggested that they should put a tax on wealth. The Minister said he did not think any Government would go further than the Land and Income .Tax Amendment Bill brought down this session. It was the most forward movement in the taxation of wealth that they had had yet. If, he went on to aay, they took the duty off flour and potatoes they would be told by the producers that tney were putting them into competition with anything that came along.