SOUTH AFRICAN AFFAIRS.
TAXATION PROPOSALS. PRIMAGE AND SURTAX TO CEASE. BONUS ON EXPORTS. United Press Assn.—E!ce. Tel. Copyright. CAPETOWN, Jan. 20. Parliament was opened without incident.
Mr South submitted a motion calling on the Government to resign in order to facilitate the formation of a national Government. This will not precipitate a crisis as the disaffected nationalists are not prepared to oppose the Government if the negotiations between Mr South and Mr Roos arc ineffective. The primage and surtax duties will be torminaied immediately. The subsidies on exports arc io he continued, I lie money for which will be found from ilie lax on the gold premium. Legislation is foreshadowed to link the currency with sterling, with power nol In so link up in llie- event of sterling breaking seriously. It is also proposed to tax speculator exchange profits.
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Waikato Times, Volume 113, Issue 18851, 23 January 1933, Page 8
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139SOUTH AFRICAN AFFAIRS. Waikato Times, Volume 113, Issue 18851, 23 January 1933, Page 8
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