ADJUSTING TAXES.
TO BENEFIT AGRICULTURE. B;n Telegraph— Association— Copyright Australian and N.Z. Cable A&ssociation. (Received October 15, 12.15 p.m.) LONDON. October 14. Mr Basil Peto, Conservative M.P. for Barnstaple, writes to the Press suggesting a method whereby, lie claims, both British and Dominion agriculture will benefit without forcing up food pricesHe suggests the removal of the present tea and sugar duties, replacing them with a tax yielding the same revenue, on foreign bacon, cheese, butter, poultry and eggs, which substantial preference to the dominions. Mr Peto joints out that the average conditions are most favourable to dairy and stock farming, which employ more labour than cereal growing, and such a transference of the existing food taxes to other commodities would not increase the general cost of food.
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Bibliographic details
Star (Christchurch), Issue 17171, 15 October 1923, Page 8
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127ADJUSTING TAXES. Star (Christchurch), Issue 17171, 15 October 1923, Page 8
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