TEST OF PROSPERITY.
Sir Joseph. Ward' has promised that in a few days' time he -will announce record: receipts ; for v the; Dominion, which 'Will, dissipate: .alt sions Yfche .prosperity : - of the -people. But, >it need.jhardly" :be askedyis the ; revenue"derived by the Domiriidn '.lr&asurer.*-a' true "the : country's ■ prdsp&rity ? It must: be remembered that, during the last year or two, the screw of taxation in various forms has.been given an-
■ottier ' turn,' notably, in regard 1 * to; death duties . and graduated land tax. Can it be argued that, be-; cause the people .cqntribttte more in';taxation,-!.' the country is the better off? If it can, then'the man. in! business would be warranted in as-\ suming that because i his managerial 'expenses'•ha\fe ; :in<jreafifed:his position ihas improved! ~ The "true** test of this country's prosperity is the relative increase in the value of its exports over its,imports. The Prime Minister to be reprimanded, rather than applauded,' if his revenue is out of proportion: to his expenditure, and if His expenditure be either .extravagant br insuffici: entJ ■ - : -'. •.■:'.; !.-'.^ ; v ''■■•
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Wairarapa Age, Volume XXXII, Issue 10159, 4 January 1911, Page 4
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172TEST OF PROSPERITY. Wairarapa Age, Volume XXXII, Issue 10159, 4 January 1911, Page 4
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