GENERAL CABLES.

Taranaki Daily News, Volume L, Issue 60, 19 July 1907, Page 2

GENERAL CABLES.

INCOME TAX. , ;, London, July 17, '*■ In the House of Commons, in conneo- ••, cion with the Finance Bill, the Chan- '". cellor of the Exchequer (the Right Hon, tf. H. Asquitbj refused to accept Mx J, F. Rawlinson's clause exempting income ■ which has already paid income tax in the colonies from assessment. GreaU Britain, Mr Asquith, said, went verjf thoroughly into the with Mr.' -r Deakin and Dr. Jameson at the Imperial Conference. He flattered himself he had ; succeeded in persuading them that it VM "S quite impossible for the Imperial Government to make any change in the di> wliem desired. He was unable to agree that any grievance existed as regards > ' individuals. If any man resided here and ?£' enjoyed the protection of our laws, it ' was only fair that.he should contribute income tax on his whole income, wheresoever it arose. When a company was substantially controlled and directed in a colony or foreign country, Income tax was only, payable on that part of the profits remitted to London. Mr Harris, member for Tower Hamlets, hoped the next Budget would provide that colonial and foreign companies which did their business in England, thereby competing with English companies, should pay income tax.

A DARING RIDE. Paris, July 17. Captain Arnaud, of the French Colonial Infantry, rode from Algiers to Ko-* tonu, Dahomey, across the Sahara Desert, a distance of ?100 miles, in 27 days. NEW MAGAZINE RIPLE. Ucrlm, July 17. ■ the German School of Musketry is experimenting with a magazine rifle containing 08 cartridges. The results have . proved successful, but the weight of tho weapon is excessive. CRICKET. , ~ . London, July 17. In the cricket match, Gloucester v. Sussex, Gilbert Jessop made 260 (not ■ out) m 200 minutes. (Jessop is the noted mighty hitter, nut. tins latest score is one of hia best attempts.) "OUIDA'S" HEALTH. r, . London, July 17. Reuter.reports that "Ouida" is able to leave her bed. She is annoyed at the • SlSon. rePOl ' tS regardin « her ■

MhUNENBKRG MURDER CASE. New York, July 17. i«o witnesses for the defence in the S itu .iiennerg murder trial who impeach! l^ rdß . have been arlasted for perjury.

«IG THEATRICAL TRUST. it n ~. . London, July 17. -m n A rlangor conllmß th « "port as "Urn International Trust, with a carihe theatrical interests of America, Engnd, France, Germany, and Austria. It