TELEGRAMS.

Hokitika Guardian, 29 May 1922, Page 2

TELEGRAMS.

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DoMinion Finances. citßis'rcHuiicH, May 27

lit forecasting a possible reduction in taxation, and also iii the railway and postal charges, the Prime Minister stated tiiiit a shrinkage of £2,000,090 in the revenue was certain, this yOnr. Otherwise reductions could have been made in a number of directions*. “The outlook to-day is .very iiitich better tluin it was iast November,” said Mr Massey to a deputation of horse owners, who had asked for reduced taxation. “Wo have not got to the length of mhUcliu taxation to any extent. diUt the time will come, and it must come, when a reduction will be u nde. The fares and freights on the railways and the postal charges are now pressing heavily on the p ople, and nothing would do more good than a reduction. f cannot say when these will take place, lmt ns soon'as it is possible a lcduc’loii. will 1 o made. About a fortnight ago, 1 discussed a number of matters conn ctecl with the railways with the Minister of Railways, and there was very little difference of opinion between us. He told .me that. he the General Manager were going "ihiuU'di the general liiriff, and expected within a few weeks. Ic. submit propo::ils to tin- Cabinet. While T am not certain of any material reduction, ns far ns racehorse owners are concerned, 1 expect .something will be done to make it easier for the people who are oemiim l sports. That is about all 1 can tell you. Jt is no use my eomnuttieg the Government, to something tl.ev will not lie able to do. “Ttade of the country has improver “ Mr Massev added, “and there is a V.ett t feeling in both town and country • but What has taken place, up to the’present, lias not yet reached the finance of the country. That is to say we as a Government, have not benefited !»v it. That it has got to come there is no doubt, hilt as a result of last vein’s operations, there will * « droo of £2,000,099 in the income tax this year. If it were not for that drop, which is certain to take place. 1 would he aide to make reductions m rt number of directions, but ,n ’ tll tl i, passed, it won’t 1.0 possible lor uietodd very much. 1 -wiil know bettor how we stand bv August. 1 sha then be able to make a statement ... Parliament- as to wlujt it is possible to do; but the people should contnlnite to the revenue of ihe con.it.y in pro inrtitm to their ability to pay, and any KiSim. brought down, th s session will carry out that principle « • „ so,, no class in-this country unduly penalised. Everyone will share and shine alike.

KETCH ASHORE. "

UCKI.AXn. -May 28. Ti e ketch I.matte, when anchored at Monks llav \Vaiheke, was driven aslune !,v an lasierly gale on Thursday night, liul is expected to become « tola w.oek, She is ashore on the rocky P«m f Pnv. where a heavy sea pounded he. on’ Friday and Saturday.