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Pfofit Tax Nbt Popular At Home - REACTION IN MARKETS (Received 26* 11,30 a.m.)' LONDON, May 25. The Chancellor of the Exchequer's (''tax_ concessions" met a cool reception in the 'City. As a result, markets opened quietly, and xnost shares were lower. The AustraliAn Associated Pfess City ed'itor finds that mdmbers of the House of Commons represent'ative bf business and^ flnaixce quickly Come to the Conelusion that the amended tax was littl'e better than the originAl one. The iAos't sober ahd infiuehtial niembers declare that the chancellor Would be "Uiiwise to go on with the tax at alh A meeting of representa tives of the ship-building -industxy hae already expressed disappointment and voiced the opinion that even the amended tax wiii act as a deterrent to enterprise. The Mining Association has vOiced similar discbntent.
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Hawke's Bay Herald-Tribune, Issue 110, 26 May 1937, Page 5
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136CHECK TO ENTERPRISE Hawke's Bay Herald-Tribune, Issue 110, 26 May 1937, Page 5
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