PETROL TO FALL
COMPANIES WILL PAY Id OF NEW TAX ANNOUNCEMENT IN HOUSE THE SUN'S Parliamentary Reporter PARLIAMENT BLDGS.. Wed. The retail price of petrol will drop one penny a gallon according to on announcement made in the House at the close of the afternoon sitting today, by the Acting-Prime Minister, the Hon. E. A. Ransom. He intimated that the petrol companies had agreed to take on themselves one penny of the tax of 2d. now imposed with the result that there would be a drop in the price. Mr. Ransom said be thought the House and country generally, would be glad to know that only one penny of the tax would be passed on instead of the 2d which the public had been bearing since the Government had agreed to reduce the tax from 3d to 2d.
A Member: How long will it last, though? Mr. J. A. Young (Reform—Hamilton) : The companies have been fighting among themselves over the price.
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Bibliographic details
Sun (Auckland), Volume IV, Issue 1062, 28 August 1930, Page 9
Word Count
161PETROL TO FALL Sun (Auckland), Volume IV, Issue 1062, 28 August 1930, Page 9
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