"ABSOLUTE RUIN."
THE LICENSING BILL.
LORD BURTON'S FOSITION
Received March 9, 8.30 a.m. LONDON, March 8. A mass meeting, marked by great enthusiasm, was held Jat Burton-on-Trent to consider the new Licensing Bill.
Lord Burton declared that the Bill would entail absolute ruin to Burton and other towns. In connection with the brewery owned by his own firm, it stood to lose two million sterling invested in licensed houses upon mortgages. The creation of a sinking fund would mean no dividend. Received March 10, 12.5 a.m. LONDON, March 9. A memorial signed by fifty members of the Steele Exchanges has been presented to Mr H. H. Asquith, Chancellor of the Exchequer, protesting against the Licensing Bill, which they declared was so confiscatory as to deprive investors of a large part of their security for brewery debentures and shares bringing ruinous loss to vast numbers of innocent holders, and creating a precedent for similarly dealing with other classes of property.
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Wairarapa Age, Volume XXXI, Issue 9044, 10 March 1908, Page 5
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159"ABSOLUTE RUIN." Wairarapa Age, Volume XXXI, Issue 9044, 10 March 1908, Page 5
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