WELLINGTON NOTES.

Hokitika Guardian, 29 September 1924, Page 4

WELLINGTON NOTES.

IM'IiK.NSK !N CITY 11ATKS. (Special to “Guardian”.) WI-’.I.I.IXGTOX, Sup. 21!. 'I!::: MT-llingion City (ntincil. like most, niher local bodies in tDoininiun, has lit-eu indulging in an m-gy a* borrowing and spending. and now, .oriling to thu Mayor, lliu position is one wliiili is causing tin- provost idixiot.v. This r. inarl. was drawn Iron, the Mayor when tliu representative ol a oitv m panisal ion asked lor a linan,.j.,| concession. In support of thu re 1 1 tu*st In* pointed to thu orpnnisation s i ontiiMinity work, and mentioned that iho ratos on its'lmildings woiv increasinp. Thu Mayor rupliuil that they would continue to increase. lie* slatthat anothor loan of halt a million would liavn to ho raised la-lore March :> 1 si. and that would mean another in- , ivu-e in rates. The increase will be unpalatable to the ratepayers, hut it should have the clleet of making llmm lake a closer interest in civic expenditure. liaising the rates is the simplest way of iuereasinp the revenue: it ithe line ol least resistance, and is m- \ ariahly taken, hut the rates in Wellin -ton ate now very high, and the ratepayers a:-- likely to insist upon economy la*lere their pockets are touched. There is plenty id room lor economy in the manapement ol the tiiy s a.dairs j t lid otic relorm that wimld yield sitlisfaet ,rv results is in th- direction of havinp all important w..rU carried out l,v private enterprise. This would not

.•uit th • unites men. hut it is a necessary reform. Then apain there is the ~,motion Of raising the next loan. Ko far ihe city lias keen lucky to have its hand loan-' issue,l at A per vent, hut there is now no chance ol jp-ttiui: money at such a low rate when ihe Cnvernmeut its It is ol.liped to borrow v. oer cent. Money is petlinp

s , arc-, that is money lor inve-lment. and the only way to' attract money is j, v (ilferinp a hipli rate ol interest. There is certainly much cause lor prove

HOCSIXC IMtOIiI.KM. When two-or three years ago the shortape of houses was acute the Wellington City Council slatted tti D> help solve the problem. The ( tiiiitetl bought land in a stihurh to which tram access was delieieiit. Kveryhady livinp iti tin- suliurli has to wall, a Utile ei helore rPael.ilt- a train stop A mimher of houses were huilt with borrowed money and at peak ptiees. httl th- shortape of houses was so preat 1 1-JI* tena-it Imyei's were readily louml althouph the prices mated with the pre-war period were exorbitant. . ot. 1).,. occupants are hepinninp to lind that they have " hittetl oft nv.iy than they can conveniently masligate.. Keen if tin- trams were to stop at their doors it is hardly probable that they could -I'll their properties at the priee ■ paid lor them, lienee an cll'ort is heill-, made to ohlain concessions Irnm the Council. A deputation <-l tenant purchasers waited cm the l■'inalH-.' Committee of the City Council, and sttppested three ways l.y wltiell the C cil could meel the purchasers. I I"’ first was that the Council should agree lo a fehate of Ids per cent for prompt payment, as is tin- inh 1111111 ihe State Advances system, .-eeoinlly. the period over which payments were to he made to he extended Iron, 2A to

.nil or :tt»l years, in order t" krinp pa.--livids more into line with these under the (invert lit scheme, and thirdly a reduction in capital co-l. In lEis. ol course, the s< h--me ad ipted '•>' 11l, ‘

Government in v.-.speet to soldiet -i t tleuteiils is emulated. This i- merely

anoth -r instance of iryinp to got clear of iullatcd values, which many peapkce'isider to l-e the direct cause - I tieCitvcrmu mi!'- l’o«»lisli i«i l t'rfii* <* the rate of money. Mr Ma-'ey slaH-l in the House eveiiinp timt his endeavour had Ceil to keep down the t-rne til nuittvy. It is a t.ity he lieit to I cep d--- e the mill 1... 1,, ii ,11 i-.pt. - 111 :• t i"'i to 1 , -"l'.lOI-.o! \i C i 'll I tier member. p-niiet is b--in;\ stptamlcre-.l on very inferior t|ualtly "f politician. I» Kl)l ( 'HOX ()!•’ TA X VITOX. It is remarkable that there should ho so mirli opposition to the reduction of |axatio.i. hut it is neverlheless a tact i.hat coiisiderahle opposition lias developed. lo th-- proposed reduction ol taxation, even i-.liioni; tie- lieliitmeithemselves. T!,e trouble M-.-m- to he

in ref peel to income tax. hut how ex captions can Le made il is dill'milll In ||' (],e iiieoiue tax is to he rediic ,-d il should he a oeiieral proportem.de red.iii lii M coveriuo every ' lass ol income tax pavers. I’art ieiilarly fhulllil the company tax La reduced for tbiis passed on. lint ii is not merely laud ami inc.iii” lux tbal should be rednead. but indirect luxation al-.0. 'I he consumers iann.it "ii p:ivm.pi laavilv lhio.i:'h tlm Cus-inliis, and

sooimr or later l.heiv will ho. a si roll ■, d.'itiaml lor r.'missions. t n.ler l be ~f protectin'' uml cimoiirnocmcnl i.f industry, many hijph duties, exi-l

(hat do not eiuoiirame industry in any wav. Tim amazirio feature is the fact I hat members of I'a‘l'a who arc actually opposed t" a rediicl i.m of ta.xal ion.

THE FAMILY COUGH REMEDY. Men. Women, and ( luldri’ii all uver the country use and know the woi.li of Dr Sheldon's New Pi.-eovcry. Arc voii one of them. If not, doll t delay, but buy a bottle al- once, and he ready to pounce on to the first ''"ld that makes its appearance. Don’t lorpel |)r Sheldon’s Xew Discovery is tie ever-readv friend that should he m everv household to protect volt from all cnnj'lis and colds. Price Is dd and Us (id. Obtainable everywhere.