SOUTH AFRICAN UNION.

Taranaki Herald, Volume LX, Issue 143786, 9 May 1912, Page 3

SOUTH AFRICAN UNION.

TAX ON MINING SHARES. THE NATIVE DIFFICULTY. ■ By Electric Telegraph.—Copyright. CAPETOWN, May 8. The Government proposes to impose a quarter per cent, tax on tho value of all interest-bearing shares or companies incorporated either inside or outside tho union, which the companies will be empowered to recover from holders. The inclusion of companies incorporated outside tho Union is intended to encompass holders who transfer South African holdings to a Loudon company in order to escape death duties. The Government also proposes to grant partial relief if the major portion of a company’s business is outside tho Union.

A petition, with 51,093 signatures, has been presented to the Assembly, praying for increased police establishments in compounds where natives keep wives; also for facilities for training native female servants, and for the importation of .European domestics.

The Government refused Mr. Smutt’s demand for a commission to inquire into the increased prevalence of rape and assault with intent.