Mr D. G- Sullivan. M.P.. delivered an address at the Trades Hall last evening dealing with the coming elections and with special reference to the Labour Party’s prospects in the coun- ! try constituencies. In the course of his remarks Mr Sullivan said that the total amount of mortgages increased in a parallel ratio with the increase in land values. Land values at the present time stood at £330.000,000 and mortgages at £258,000.000 or 78 per cent of the total. The farmers were thus paying some £22,000,000 st year interest to the various financial institutions. Ho urged a new crusade for the taxaation of unearned increment, the proceeds to be used in providing a huge motherhood endowment and a pension scheme for ail children under fourteen years of age ; a measure that was now being advocated by some noted political economists j* s the most promising of all social reforms. “There is no need to introduce the gramophone,” said Professor J. Shelley, at the W.E.A. gramophone concert on Saturday night : “it has taken its place in modern life. It is difficult to imagine what developments will occur. I am looking forward to the time when I will he able to deliver my lectures bv means of the gramophone, so that my students will be able to listen to them while lying in bed. The - only drawback is that the College , authorities might have no further j UP AT HINSON'S SALE. The things you want for your house can be found among Minson’s .sale bargains. Builders a:e insisting on more • room. 0
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Star (Christchurch), Issue 17570, 22 June 1925, Page 13
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260Untitled Star (Christchurch), Issue 17570, 22 June 1925, Page 13
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