CORRESPONDENCE.

Hokitika Guardian, 16 September 1921, Page 1

CORRESPONDENCE.

A POLITICAL HEYIYAL. pTo the Editor). Sir Your Wellington appears to Sir Ynur Wellington currespondent appears to have stated the 'attitude of many business men towards political affairs very fairly. Tt is the attitude, I Imre, nut only of business men in Wollingl u. hut Idle ;11 it tide of hose, "ss me., tine.iighoiit Ibe country. This is t.ol a time to he wrangling over mere pets'mil and patty interests. rrprrsMiic.l 1., tlie "in-" on one side and the • ( ou(s" on the other; but tor some concerted action towards measures that absolutely necessary to the welfare of the whole ( immunity. The general election w ill he on us mxt year when we call deride, each alter his mail v.a v "f thinking, whether this wan or that wiil serve best in Parliament. Meanwhile ie have urgent and vital problems to solve which we must attack at mice, lest worse things than we are suffer,ng to-(lnv overtake us. Your correspondent has mentioned sumo of those problems the re-adi ;u----nieitl of taxation and the reduction of depai iinciiid 1 expenditure being among them hut lie has no all- exhaust"'! the list of those calling aloud for immediate attention. As regards the readjustments of taxation, he takes the ca of companies under the income tax as a particularly llugratit in-taue" of the haphazard fasliion in r, Kid; .

venue has been collected by all Governmeiils irrespective of their parly colour This is a positive negation of the nrie eiph’ of '‘eipinlity of sacrilice’' which has been a slogan with all of Ihoio from the llrst days of constitution il government down to the present time.

The sliareltwldi'f drawing €IO.BOO a year from his invest uieiit in a company pays at the same rale as does slnrehnlder drawing CKK>. who pro! - aidv would h" exempt from tavilio" altogether were Ill's income derive.| f: r any oilnr sourro. 'llii- i■ I!i< I\ i-

stat,, of affair- u e ran dl join ban 1in at tempt ng to u undy. The off"ct this ir\ inp. itti'■ st lo il'soi",, age iliei -I loi 111 ill eollipani - and so. a- your i "rrospo'idoiit pilin'' mil. to oiler a • '.via grave menace ;u iiimmercial and industrial devclopmeiif of the country. The small Investor, naturally, will not lie disposed to put hisavings into a roiioern which, howcvei dc-irahlc in otter re-pcctmight bring him under the liighesl graduation of I - -

incot,a- lax The oMici il reply to what has already been nrgcfl in I hi- ivspcol tliat ie" lax should he levied on D-o ill-"ul" if ihe Individ.'a! .l.arelmM. r and not • " the Ci itii ea ii . i- -■ ai"• ■1 - v "'I , ' ihe ... - n. li is P, the ,nv l ihat l! e ■ : .! -V —.., ~,,1,1 t„. i„. ~nv..|>; oev'll i 1111 •o- - i 1,1. ■ Bo! Ibis ..v-ti'Ui i- ia ol'Tatien ill Kpe.land and Australia, wlmn. Ihe co -1 of , '.He, ! n vdp.-h "i 1 -I be the mo."-ea,, rii im-o-.p oniee. e i- i". re ,("r lh 'il il is ill New Xenia"d and where lh, tax itself causes no In-:" i-hurnings. -o. h a- it does her- 1 Then Here i- ilm red'uti'Ui of denar! "e-iit d exi . mill iir I*ie < n-l e f r'liinin" tlie governing me'diiim. Hue ■'gain 1 here j- no need to a sop:,. •’. ■; one pari \- is mm,. t I h.au :. t-"ll'-r i"i e.li-t has happen-d. Th ■ plii i:i " has -i,.,i,| v il- If,| |p; . -■ ■ • whi. 'i il is ahsohltelv impossible for (!:•> ■ •■if i-j to hew, iu exist ng eir< uni- • lanus, The annual iiiori a-.- in IBB! a - (’AA8.823. bin. notwith-indiii.: i -li"'B uioreesjt ill 1011 r.. wlmn wv all wervery keen on ihe need for '■'•o'a»e■ annual im ren-e ha - mould ed up ii I!r_’ll-'JI to !_:!.!! 1111 . Mi Mas-. y -I imped, in all good lailli no doiihl. tha' i here Would he a redm I 1 ixal i"u this \ear. Imt in fae,. of t'lis o'do-ul ; ii. ■re;:-,, nf ex pend it tire il would Ie n--11' •: Ih ms lo dream of anyl Ii dig nf • •• kind 11 o'liim.- to I hi- ! hell. Ih. I e . • ■it her i edm e our expendil ": ■ v,-r_\ -taut i.tlly or Lu o a -I aI •• t lire ■ Dial wind 1 I•• c tiende , a hi". Vew '■ land i- a v. nlidei fid lii Ih- < mini iy. v III: -l.eggor alon;'; nudi r it- plesolil huidui and tie ad' piale d'-vidopmoiil of ilto-. . i roes is lit t erl v out of ihe i| a. ■ i ion while ;i very prop, ula -u its producers, manufacturers and 1" a..-. |||..|, are l.'illg driven 1 a iho v ev eei-ge of a liuaneial maelstrom. I already have trespassed too far i ■ on your snare, an I fear, with a rather doleful tale; but th" urgency of uiatlor- mentioned 1101-1 te- in.- ox-e and in riineliision I would urge Ihe bn-i no-s men of Hu' I li >lll in ion i ■ together, if I may again i|iiote ve-'r correspondent. and -• el. In* the. enil 1 wi-dom tliev , 1111 " t devi-e -"mi me; a- ; 1 -j -1 iip. lh" Govermne'it in evr .oining I II" (lill’n all ie- and avert I' -! peril- that lie before Ihe reentry. Ik I,avc Ito | now lodge and experience 1 1 1 (rust t lew have Ihe will. Yui" -- et • . BIS I N ESS MAN