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FIGHT ON SWISS BORDER LONDON, March 2. The Daily Telegraph’s Swiss correspondent reports: German droops attempted to cross the frontier at Baden. Swiss Guards repulsed them after a fierce encounter. The Swiss Government sent reinforcements, and •threatened the fullest military action if further incidents are reported.

ntiisirjs3sc::zxr :rar/immr, raLtfm=fTffaK«wgsx wv &®dTfc ffl* ¥ l 41 i gTs V* ion Pays! Prohibition will pay New Zealand is proved by the lowing, which is a conservative estimate of the financial am that' will be made by the Dominion. 'hat ■ mi The Source of our Public Revenue is] The basis of the National Wealth is j i I Ouili-lWlfi itt, | , r*» 1 n» (there can be no revenue V/ilhoat Production j there can be no wealth. £100,000,000 The; bstiniiited Value of the Annual Production of the Dominion is ... ... ••• The Dominion Revenue for year ending 31st March, U)l« (takim; net. and not gross, returns from Rail- Q ways and Post Office), was ... , ... ••• .. £ (This means taat 15.6% of Production went to the Public Revenue) When Prohibition is passed on April 10th, 'Compensation not exceeding £4,500,000 will be paid the liquor trade including brewers, hotelkeepeis, wholesale merchants, clubs, wine-makers, and employees. What will be lost: Liquor Duty (approximately) ... ... £1,000,000 Interest, includin',' Sinking Fund on the c j yon opo - ... ... 250,000 ~ 4 ’-’”■ 1 M - *•* ‘ __J £1,250,00D Whr •s r» ? * j be Gamed by Prohibition: wnat wm: (1) 'l’he £5,000,000 now expended in liquor, if not spent on this, will lie expended in some other way. It is safe to assume that its expenditure will assist revenue to the same extent as the rest of Production. viz., 15.6%. This will amount to ... . (2) The cessation of the liquor traffic will mean an ultimate saving on Police, Industrial Schools, Old Age Pensions, Charitable Aid, Hospitals, etc. The expenditure on these items for year ending 31st March, 1917, was £1,474,428. Experts agree that 70% to 80% of this expenditure is caused by drink, hut for safety, call it 55% This means a saving of Total £780,000 £810.935 £UW3S This will pay the whole loss and leave per annum to the good. But this is only the beginning of the saving. The loss through inefficiency caused by drink is generally estimated at 10% to 20%. Few put it under 10%. hut even calculate it us 5%, On £100,000,000 Production—- ;>% n ncreased efficiency is £5,000,000 10% increased efficiency is £10,000,000 £5 000,000 increased production will add 15.6% to Public Revenue or £lO 000,000 increased production will add 15.6% to Public Revenue or £780,000 1,560,000 Totals Gained by Prohibition: eo/ Ka«iß (Being the amount of Revenue deriv-) £ 1,120,935 o/o J c d from increased production, plus > _ QtfTirt On 10% basis ( the balance of £340,935, as above. J I,SWV t This is only the Public Revenue viewpoint. A much more important point of view is that of the people themselves. To them Prohibition will mean — Anything from £10,000,000 to £15,000,090, being the saving of waste on drink added to the consequent increased production. This money will be available for raising the standard of living, and will represent anything from £lO to £ls per head of the population, or £SO to £75 per family. l The Revenue problem is solved. Prohibition will , as it ha* done elsewhere— Reduce Taxation Lessen the cost of Living Increase the Standard of Comfort

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TAIDT19190304.2.29.2

Bibliographic details

Taihape Daily Times, 4 March 1919, Page 6

Word Count
553

Page 6 Advertisements Column 2 Taihape Daily Times, 4 March 1919, Page 6

Page 6 Advertisements Column 2 Taihape Daily Times, 4 March 1919, Page 6

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