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BERLIN, June 21. The Government has notified Washington of its acceptance of Mr Hoover’s proposal. President llindenburg had appealed to Ml* Hoover, drawing attention to the desperate situation of Germany, but acceptance of the plan does not imply, the surrender of any German right, but Mr Hoover’s alternative is believed to be preferable, because thereby Germany will be relieved of the payment of £75,000,00V during the moratorium. AUCKLAND TROTS. Adams Memorial Cup —S Ng.:ngong in go 1, G Peter Pirate 2, 5 Meteor 3. Scr.: Auto Machine. AUCKLAND, Trots. Members’ Handicap—4 Gold Sovereign 1, 6 Etta Cole 2, 3 Native Star 3. MR LANG PROPO22S CUT. SYDNEY, June 22. A wages tax scheme, which was drafted at the instance of Mr Lang, will be submitted to the Labour caucus for its approval. The scheme embraces the' retention of tho tax of one shilling in the £ on incomes oyer the basic wage and a graduated tax on all earnings on the following basis:— £2OO to £250, Is In the £. £250 to £3OO. Is 3d in the £. £3OO to £350, Is 6d in the £. £350 to £4OO, Is 9d in the £. £4OO to £450, 2s in the £. £450 to £SOO, 2s 3d in the £.
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https://paperspast.natlib.govt.nz/newspapers/TS19310622.2.125
Bibliographic details
Star (Christchurch), Volume XLIV, Issue 146, 22 June 1931, Page 14
Word Count
204Stop Press. Star (Christchurch), Volume XLIV, Issue 146, 22 June 1931, Page 14
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