PEACE CONFERENCE AND COMMERCE. New Zealand's prospect of adequate indemnities from Germany is not averbright. The outlook is Tather that the Dominion will have to recover her position from within. That means the stTingent withdrawing of and reinvestment of, all moneys that can be mndo moro productive. Gross expenditure* on .personal luxury thus becomes reprehensible, while the continued manufacture and salo of destructive commodity becrudes literally both a personal and a national crime. New Zealand can no longer afford to waste jC5,000,000 per annum on the "body-destroying, souldestroying," nation-destroying liquor traffic, it is Admitted that the original wasto involves a further loss of yet another ,£5,000,000 in inefficiency. Thus, prohibition would give us, immediately, for reinvestment in more productive channels, ,£10,000,000. 15.G per cent, on this —which is the average rate contributed to revenue from production in New Zealand—totals ,£1,560,000. On the debit sitlo the total loss through prohibition (including payment of interest and sinking fund on compensation, also lost revenue) would be, at the outside, <£1,254,000. 'l'liis gives n c'ear-cut gain rn the State of <£310,000 per year on the simple transaction itself. Add to that gain even only 55 per cent, of the upkeep of charitable institutions, gaols, police, etc., and we get a grand gain of .1:1,1211,035! It's certainly worth while, artd April 10 is the day you do it. I'rohibition must come.—Advt.
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Dominion, Volume 12, Issue 140, 8 March 1919, Page 12
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226Page 12 Advertisements Column 3 Dominion, Volume 12, Issue 140, 8 March 1919, Page 12
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