THOUGHTS FOR THE TIMES.

Hokitika Guardian, 26 February 1924, Page 2

THOUGHTS FOR THE TIMES.

Public Debt of Australia. 'Within the next seven years more than half the public debt of Australia, Commonwealth and States, is due for redemption. The interest payable on that debt varies frein 3 per cent to 71 per cent. The greater part of that interest is free of income tax, both Federal and State. Interest on loans raised abroad is necessarily free of income tax. The investor abroad will not lend at any reasonable rate if he is subject to a tax over whose imposition he has no control as an elector. A large portion of the Commonwealth debt raised in Australia is subject to Commonwealth tax. None of the interest on the debts of the States raised in Australia is liable to tax. All future loans raised in Australia it is proposed shall i he subject to both income taxes. They will certainly be subject to Federal! income tax, j

The Municipal Band '"’ill bo in attendance r.t the Swimming Botins this evening. Members are requested to meet at tho Baths at 7.30 p.m. sharp. Sale of Men’s Shirts!—Xot an accumulation of old stock, but a genuine sale of' the very latest and best shirts on the market. Inspection invited. \V. H. Stopforth, Revell Street.—Advt. Tancred Street lost one of its special attractions of the past few months yesterday when the mountain scene on the top of the entrance to the Exhibition building came down with a crash, the work of the demwlishers reaching this part of the structure.

Kokniahi Sports and Swimming Carnival takes place at Longford tomorrow. A full afternoon’s fun will he provided. Hot water and milk will bo supplied free. In the evening there will he a dance in the Public Ilall.

On Saturday evening at Westport three suspicious fires were found down the wharf, one under the small store shed, down below the Harbourmaster's office, another among some timber and a third in a horse box. Tho matter was reported to tho police for investigation. The .spins bars’ and bachelors' hall at Kukutahi Public Hall last evening proved a great .success. There was a hu'go attendance, including a good ilianv from town. Capital music was provided and the gathering proved very r enjoyable, the supper lieitig a specially good one.

Bonetti’s full jar*', hand will provide the music at Kaniori Fancy Press Ball on Friday night. Miss Pascoe (piano), Messrs lionetti (violin), Christiansen (cornet), Keys (clarionet), Goodfellow (drums and effects). 1 lie latest pieces to lie. played include ".Mister Gallagher” and “Mr Slieau,” “My Gal,” “At Finnigaii’s Ball,” and “Laolto Hose.”—Advt.

A little girl, daughter of Mr A. Cutbush, ol Beach Street, fell while swinging on Cass bquaro yesterday evening on the maypole, breaking her left leg well above the thigh, and necessitating her removal in the ambulance 1 to tin* hospital lor surgical attention. The little one who is about 7 years of age, will be an inmate of the hospital for some. time.

Stylish and effective new autumn millinery, now on view at Schroder’s at very reasonable prices. Inspection coi'dia 11 v in vi ted. —Ad vt.

A pleasant function took place last, evening at the residence of Senior-Ser-geant McCarthy, Grcymouth, when the members ol the stall ol the Police Department attempted to bid iarcwell and make a presentation to Inspector \Y. Muthieson, who is promoted to the charge til the Napier district. Iheie was a. large gathering of local members and the stall' of the Police Department, among whom were representatives from all parts of the district, some of whom came from long distances to do honour to their popular chief.

Fire! Fin- Woo betide you if you’re not protected. Guard against outbreak with “I’liderwriter’s’’ fire Extinguishor. Only C-3 ss. Quickly suppresses most dangerous outbreak. Alwavs ready for action. B. P. M. Manning and Co., 5 Bedford Bow, ('hristchmvh. —Advt.

Hokitika grocers report big business at the “NO-KUBBING” Laundry Help counters; (shilling a time). —Advt.

The big event -Is lid sale commences Saturday next, fob. -’3rd, and continues for six days only. 'lhe great one price sale. Hundreds of articles worth from lis lid to 120 s, now all one price -Is lid cadi. Look out for big price list. See our windows, drastic reductions every department. Doors open 9 a.m. MeGruer’s, Westland Ltd., Spot Cash Drapers, Hokitika and Grey-mouth.—Advt. The freshest Fluid Magnesia is SI LAB LAND'S. Always pure, agreeable and full strength.