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TAXATION AND SHIPPING Sir, —I notice in press reports of election meetings that candidates are continually referring' to the immense increase in values of products shipped during- the war period compared to prewar, and inferring that it went into the pockets of the producers. They overlook the fact about the increased cost of production, etc., also that about onethird of the increased value reverted to the Government in the shape of income tax, and a large percentage of the surplus was invested in war bonds, thus enabling the Government to meet part of its heavy war expenditure. Unfortunately the debit still remains at £100,000,000. Re shipping combine, lam strongly opposed to combines. At present there is a deal of talk about this one, which is controlled by the brainy shipping magnates of Great Britain and America (with populations aggregating about 150,000,000), and the capital of the combine runs into many millions sterling. The Dominion, with a population of one million, and heavily in debt, is threatening What it is going to do by building its own steamers for freight purposes. Assuming it, starts to build 15 to 20 steamers, at the exorbitant rates now ruling, and that while the ships are being built the combine leaves the-Dominion alone, and then, when its shipping is ready, starts to nurse it at 50 per cent, below Dominion rates, and lands it for an annual loss from £500,000 to £700,000, and then finally buys the Dominion fleet as a "job line," who would shoulder the loss ? As there is an absence of patriotic sentiment with commerce, it will always support the cheapest rates of freight for competition purposes, otherwise it would go under. If the combine showed any loss it would be infinitesimal compared to the Dominion one, as it could recuperate in other qffartcrs, This threatening to me, resembles the two castaways on Ghristmas Island challenging the 11.M.5. New Zealand's pinnace when goiug to rescue them. The only powers able to tackle the shipping combine are the Imperial and American Governments, and they are not likely to do so until things come back to normal (if then), and judging by indications it is yet a few years distant. Under present conditions we should settle down to increase production and leave .commerce to do the shipping. The same applies to imports. Doubtless some day combine will be fighting combine, and when they reach bedrock rates, if possible, fix them for a term, as threatening in the meantime will only aggravate the position. P. VIRTUE. December G, 1919.

Educational, HAMILTON HIGH SCHOOL THHE Annual Prize Distribution will x take place at the High School on FRIDAY MORNING NEXT, December 12, at-10 o'clock. All interested in the School are cordially invited to be present. GEORGE EDGEOUMBE, 55a Chairman, Board of Governors.

Electoral. WAIKATO ELECTION. \f E J. A. YOUNG, M.P., will addreag XTX the Electors as follows: PATERANGI—TO-NIGHT, 8 o'clock. OHAUPO—SAT., 13th, at 8 p.m. TE AWAMUTU—MON., loth, 8 p.m. HAMILTON, THEATRE ROYAL TUBS., 16th. at 8 p.m. Ladies Specially Invited. 433 WAIKATO ELECTION. IVf R J. A. YOUNG'S COMMITTEE ITA Will Meet at the COMMITTEE ROOMS THIS (THURSDAY) EVENING, At 7:30 o'clock. G. P. ROGERS, 90a Hon. Secretary. WAIKATO ELECTORATE. fyJR pERCY WATTS Will Address ; the Electors as follows: FRANKTON TOWN HALL—TO-NIGHT, 8 o'clock. KAIPAKI HALL —FRIDAY, December 12th, 1.30 p.m. HAIRINI HALL—FRIDAY, December 12th, 8 p.m. TE RAPA SCHOOL SATURDAY", December 13th, 8 p.m. LEAMINGTON* HALL MONDAY. December 15th, 8 p.m. N. A. CHING, 128 Organising Secretary. £JHARLES T AFFERTY, LIBERAL AND LABOUR CANDIDATE. Who will Protect Your Interests as a Business Man and an Experienced Daily Farmer. He will Address the Electors at TE AWAMUTU TOWN HALL TO-NIGHT, at 8 o'clock. TOWN HALL, CAMBRIDGE FRIDAY, December 12th, 8 p.m. RAILWAY EMPLOYEES, at Social Hall, Railway Yards, Franktou Junction, SUNDAY AFTERNOON, at 2.30 o'clock. Ladies and their friends particularly invited. HAMILTON, THEATRE ROYAL—MONDAY, 15th December, 8 p.m ROTORUA ELECTORATE. M R W.~C. H EW,TT THE YOUNG INDEPENDENT, Will Address the Electors at PUTARURU MONDAY NEXT, S p.m.

RAGLAN BY THE SEA. ROYAL MAIL SERVICE TO RAGLAN OAR leaves Dunne's Garage,. Collingvy wood Street. Hamilton, d»ilv at 1 p.m., Frankton Station (over hridue) at 1.30 p.m. Special Trips arranged at any time with careful and experienced drivers. Booking Office: DUNXF.'S GARAGE. COLLINGWOOD STREET, HAMILTON. Office 'Phono G 72. Raglan 'Phono No. 2. Week-end Trips and Fishing Parties Catered for. R. T. TURPIN. 316

WASHING EASY. Fairy Wonder Dry Soap always sets the clotlics beautifully white without boiling or rubbing. Fairy Wonder eontains no paraffin wax, and consequently clothes never become yellow always snowy wliito! Is lOd packet sufficient for 12 washings. Try it. (32485)

The essenre of nil knowledge is self knowledge. Scientific Charactr Reading by return registered mail. Send birth date, month, year, and postal note ss, to T. J. Dunatoac, ■ Box 1418, Auckland.*

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19191211.2.22.4

Bibliographic details

Waikato Times, Volume 91, Issue 14237, 11 December 1919, Page 4

Word Count
811

Page 4 Advertisements Column 4 Waikato Times, Volume 91, Issue 14237, 11 December 1919, Page 4

Page 4 Advertisements Column 4 Waikato Times, Volume 91, Issue 14237, 11 December 1919, Page 4