DOMINION NEWS.

Taranaki Daily News, 4 September 1917, Page 4

DOMINION NEWS.

WRECK OP A KETCH. By Telegraph.—Prega' Association. Hokitika, Yesterday. News lias been received ' that the auxiliary ketch Jane, 21 tons, which was stranded on the Okuru bar on Saturday week, has become -a total wreck. PROTEST AGAINST COMPANIES TAX Wellington, Sept. l 3. The Wellington Stock Exchange passed; a motion that tho proposed system of taxing companies will have a far-reach-ing effect by causing a heavy drop in shares and diminished dividends; that the depreciation in tho market value of shares will, in many cases, be very severe, thus causing shareholders, large and small, heavy capital losses as well as diminished income; that persons thus affected, who were disposed to borrow t}> invest in the war loan, are suddenly compelled to refrain from doing so, fearing embarrassment from these losses in capital and income; that tho Minister of Finance, is urgently requested to taks these points into consideration, and to accord relief by taxing each shareholder on his share and other income under the ordinary income tax, and thus relieve companies from paying a tax on the dividends. A FOURTH TRIAL ORDERED. Napier, Last Night. The Chief Justice has ordered a fourth trial of Wiriana on a charge of manslaughter. three juries having disagreed. I The next trial will be held at Palmerston I North. The charge is tho outcome of the death of a newspaper runner, whom Wiriana ran down at Hastings