FINANCES OF NEW ZEALAND.
(ADVERTISEMENT.)
DANGERS OF PROHIBITION. A QHECK TO INVESTMENT. , New Zea.'and about £80,000,000 by way of public debt. The rtevemie from direct taxation upomi titquor and paid in ±li<s , oon&nniip'tion t,b£<reof i.s approximately £1,000,000
sterling per annum. If prohibition is carried this amount. must b'e> m!adie iipi; and as tlue value of piropierty will' be lowered, general taxation' will have to be- more heiavily in creased .to maik'e good' tine ilioss.. Bus- j ineos mie.n, proper.ty-own.ers, mer-' cihants., traders, everyone with' a | stake, in the country is concerned, •and our creditors, abroad aire, wa.tchting what the level-headed jb.us.ine.s-s. man in New Zealand ,wa ! lll' d'o in> tlie j settlement of this question.. He eanaibt afford to dal'iy with, so important a matter. It concerns' the cir'bdiiit and business interests of thtewPiblie I;Vjmiinion. Every man. should read, the subjoined extract from th ! e Fiilnancial News, Lond'on, of date September 14, 1911, to know l wiluait highi financial authorities say and think, and) w© give the extract without comment. It speaks for itself, and- suggests nxre than it suws.
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Wairarapa Age, Volume XXXII, Issue 10481, 18 November 1911, Page 6
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180FINANCES OF NEW ZEALAND. Wairarapa Age, Volume XXXII, Issue 10481, 18 November 1911, Page 6
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