Page 3 Advertisements Column 3

Dominion, Volume 12, Issue 121, 15 February 1919, Page 3

u , '1 0 ® @ | That Prohibition will pay New Zealand is proved by j | the following, which is a conservative estimate, of the financial gain that will be made by the Dominion;. .' I The Source of our Public Revenue is) Fa J The basis of the National Wealth is J 1 fOCltl£lloll-- • ' r Without IVodßctioß{S^SSS:~sSr; L The Estimated Value of the Annual Production of the Dominion is ... £100,000,000, • . The Dominion Revenue for year ending 31st March, 1918 (taking net, and not gross, returns from Railways and Post Office), was ... ... £15,612,219 ' H- (This means that 15.6% of Production went to the Public Revenue). i When Prohibition is passed on April 10th, Compensation not exceeding £4,500,000 will be paid the ' liquor trade including brewers, hotelkeepers, wholesale ... '"'/'"tj '' 'I merchants, clubs, wine-makers and employees. . 4 What will be lost: < I Liquor Duty (approximately) ... • ... ... • £1,000,000. ' j Interest, including Sinking Fund'on the £4,500,000 ... . 250,000 ' | • I 1 j What will be Gained by Prohibition: ■ I (1) The £5,000,000 now expended in liquor, if not spent on this, must be , -1 ' expended in some other way. It is safe to assume that its expenditure . - - will assist revenue to the same extent as the rest of Production, viz., .11 15.6%. This will amount to ... ... ... ... (2) The cessation of the liquor traffic will mean an ultimate saving on $J ; | Police, Industrial Schools, Old Age Pensions, Charitable Aid, Hospitals, A etc. The expenditure on these items for year ending 31st March, | 1917, was £1,474,428. Experts agree that 70% to 80% of this ... : S expenditure is caused by drink, .but for safetycall.it 55%,. ■ ? £ This means a saving of < ... . £810,935 Total £1,590,935 : . This will pay the whole loss and leave £340,935 f K ! . 4, , per'annum to. the good. "if'i But this is only the beginning of the saving, ' ' if ■. • • 4 The loss through inefficiency caused by drink is generally estimated at '.•$ 10%' to 20%. Few put it under 10%, but even calculate it as 5%. '' • On £100,000,000 Production, 5% increased efficiency is ... £5,000,000 { „ „ ■„ 10% increased efficiency is • ... £10,000,000 • £5,000,000 increased.production will add 15.6% to Public Revenue or ... , ' £780,000' £10,000,000 increased production will add 15.6% to Public Revenue or 1,560,000- ; Totals Gamed by -Prohibition;:;;"- :r' On 5 per cent, basis ' ( Being the amount of Revenue derived V £1,120,835 ' V '• i ' _ . i from increased production, plus the r 1.. .. On 10 per cent, basis ,C J ; 1,900,935 1 This is only the Public Revenue vieV/point.' A much more important point of • vilw is that of the people themselves. To them Prohibition will mean— Anything from £ 10,000,000 to £15,000,000, being the saving of waste on drink \ added to the consequent increased production. This money will be available' * , for raising the standard of living, and will represent anything from £10 to £15 ■ i per head of the population or £50 to £75 per family. > The Revenue problem is solved. Prohibition wiil,-as it " '-vhas done elsewhere, 'Reduce ..Taxation .Lessen the Cost' of Living i Increase the Standard of Comfort 1

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