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20. Did the Board recommend the time at which the vote should take effect ? Yes. " Immediately." 21. Did the Board recommend that any compensation should be paid ? Yes. " Reasonable compensation. Any compensation would for the greater part remain and be invested within the Dominion and thus be used for production and trade." 22. Why did the Board recommend compensation ? i " Under the protection of the existing legislation (which, in the event of National Prohibition being carried, grants an extended term of trading rights | before prohibition becomes operative), large sums of money have been invested in breweries, in licensed houses, in wine and spirit businesses, in vineyards and hop gardens, and generally in what is known as " the trade." It is manifest that injustice would arise if the licenses and the liquor trade were-sum-marily terminated without reasonable compensation. The Board is therefore satisfied that it would be in the interest of the Dominion and of its inhabitants, in order to get an early discontinuance of the sale of alcoholic liquors that reasonable compensation should be granted to those affected, including parties represented by the breweries, wholesale and retail licensed vendors, vignerons and wine manufacturers, hop growers, and the owners of properties to which a retail license is attached." 28. Did the Board set forth the basis on which compensation should be calculated ? Yes. " The Board believes that the compensation to be paid for the immediate closing of the liquor trade should be based upon the difference between the market value of the assets as used at present, taking into consideration the present licensing laws and the other circumstances and conditions associated with the trade, and the value of such assets without a license." 24. Did the Board recommend that compensation be paid to employees ? No. " The Board is of opinion it will be found that no compensation need be given to individual employees, as all male and female employees could be absorbed in other occupations."

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https://paperspast.natlib.govt.nz/newspapers/LDC19180903.2.25.1

Bibliographic details

Levin Daily Chronicle, 3 September 1918, Page 9 (Supplement)

Word Count
324

Page 9 Advertisements Column 1 Levin Daily Chronicle, 3 September 1918, Page 9 (Supplement)

Page 9 Advertisements Column 1 Levin Daily Chronicle, 3 September 1918, Page 9 (Supplement)

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