WAR PROFITS.

Taranaki Daily News, 5 March 1920, Page 5

WAR PROFITS.

ENORMOUS BRITISH FIGURES. By Telearnph.—P/ess Assn.—Copyrleht. . London, March 3. The Board Of Inland Revenue memorandum furnishes striking figures estimating the net increase of wealth between 1014 and 191!), at 4000 million sterling, of Which 200 millions is estimated to have been made by 280 individual!:. It is suggested' that a War levy should be primarily charged upon individuals starting from a clear Comparison of two aggregate capital values fixed at June 30, Wl4, and June 30, 1919. Returns of value as well as the sources of wealth would have to be made by the taxpayer. The board suggests that detection of wilful evasion should result in the recovery of the duty mid also heavy money penalties and imprisonment.— Aus.-N Z. Cable Assn.

CHURCH AND WORKERS. ' BETTER CONDITIONS FAVORED. PROFITEERING CONDEMNED. By TciesraDh. —Vteas Assn.—Copsiljht. Sydney, March 4. A feature of the Methodist Conference is the exhaustive liseussion on the relations between the church and the workers. The workers' position generally is being debated and a pronouncement is to be submitted to the General Conference on the Christianising of social relations. This, inter alia, condemns profiteering and the present anarchic and constitutional methods of seeking redress, and favors an.economie system which will ensure an equitable "difctviimt'on of the rewards of industry, giving the worker a share in the profits and risks of the business, and that will abolish all forms of sweating, profiteering and oppression of one section of the community by another. It declares that the church cannot stand aloof from the toilers' struggle for more tfholffsomo conditions of Tffe. Its aim should he the Christianising of industrial relations, so that industry will become a rigorous experience Interpreting in economic terms the brotherhood of wan and the fatherhood of God.—Ans.-N 7.. Cable Assn.