INDUSTRY’S BURDEN.
TAXES AND UNDER-SELLING. NO RELIEF PROMISED. By Telecraph.—Press Assn. — Copyright. Received Feb. 18, 5.5 p.m. London, Feb. 17. That some European countries are deliberately and' systematically inflating their exchange against themselves in order to under-sell and get their industries going before meeting their indebtedness. was a point urged by Sir Peter Rylands, a member of an influential industrial deputation to Mr. Austen Chamberlain (Chancellor of the Exchequer) urging the alleviation or postponement of taxation of industries duiing the present depression. He stated that Continental prices defied British competition. Mr. Chaipberlain replied that the factors mentioned were beyond Government control, and it was impossible at present to reduce the income tax.—Reuter Service.
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Taranaki Daily News, 19 February 1921, Page 5
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113INDUSTRY’S BURDEN. Taranaki Daily News, 19 February 1921, Page 5
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