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FEDERAL POLITICS.

Mtt. FISHER AT GYMPIE. I'OLTCY BY INSTALMENTS. p r -„, Aw'\M\™-Tiv Telp'"vni>'i-r' n Pvrighl Received 1.20 a.m., -March -31 st. BRISBANE, March 30.

Mr Fisher .delivered tho first sootion of-liis policy speech at Gympie tonight. ' Dealing with national finance, lip" declared that for a fixed minimum of five millions nor annum guarantee to tho States, the latter worn.■to rp-cpi-ve any surplus on a per capita, basis. He: wonosos tlio creation of an •Australian fleet of not loss than twenty destroyers, calling for tho expenditure of at least three million, in addition to the. cost of maintenance. During the next three years military defence will include, a. scheme of universal compulsory military training. To effectively accomplish the naval and military schemes, .financial provision would he made by direct -taxation. In-de-fault of proper steps being taken by the States to provide land for immigrants, the Federation will institute a progressive land tax with on exemption of .-fioTiOO, and also propose an absentee tax.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19090331.2.27

Bibliographic details

Timaru Herald, Volume XIIC, Issue 13866, 31 March 1909, Page 5

Word Count
162

FEDERAL POLITICS. Timaru Herald, Volume XIIC, Issue 13866, 31 March 1909, Page 5

FEDERAL POLITICS. Timaru Herald, Volume XIIC, Issue 13866, 31 March 1909, Page 5