OTHER PROPOSALS
MOTIONS TO COME
The following proposals will be placed before the meeting this afternoon:— ' , That the Government bo asked to use its influence to bring interest rates in New Zealand down in conformity with reductions in other parts of the world. That rating relief, either by way of bonus or by way of petrol taxation funds, should be given to all rural lands, as a preliminary step toward the complete derating of farm lands for roading purposes. That land tax be abolished and income tax substituted therefor. That Government expenditure which has not been reduced during the last three years 'be now definitely brought down to an • amount which the Dominion can afford to pay. That a mission be sent to Great Britain to arrange for conversion of New Zealand loans to lower interest rates. That legislation be provided to give the Court, on the recommendation of an Adjustment Committee, power to review both principal and interest in dealing with vendor mortgages when deciding applications for relief.
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https://paperspast.natlib.govt.nz/newspapers/EP19330117.2.66
Bibliographic details
Evening Post, Volume CXV, Issue 13, 17 January 1933, Page 8
Word Count
169OTHER PROPOSALS Evening Post, Volume CXV, Issue 13, 17 January 1933, Page 8
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