, ‘ ‘ \ " ‘ " " -‘-’* ' " —**—--——-——~— ~--_-v-'-‘,qr-.-- *‘ - ‘* "—-——' '" '**"' " _ "~ --e <\~. 1"~.-\-ei<=~i- PAGE EIGHT THE CHARLOTT GU§AN 1% 1Q“ --i . day by Finance Iwinlsfrr Raisfon. |purpxe5 o; .111 imports h” d ‘ ~ f ' , o4¢»»»o+»v¢+¢+++¢¢++¢++040+»+¢~¢ ' . Oii ihe expendmir 1dr, h -- l . ' MK. u ' t d W“ Proms tax and corPm-‘he ‘n- ll‘ 4 i tinuus “ready ‘nabnfdspmvfd: i; n glligilabefmfrnni‘ “lafinbleifhnifllgfegllllw e come tax combined e. mniimum of a ioiiii expendzture of rich-war ac- ‘ dravvback for export u in the cue “m o‘ the ‘ma! Proms‘ X iiviiies of government of 5448000- '0! custom: ciutiel a o a new‘: “u. norroflna ma‘ prom‘ cue“ . ' P186 l H 000- As 3'01! know. these CSUXYXMP: The government i; u-e that y A m‘ , H ( " ‘Xipiggeieflrinaill combinaiticn of‘ the Qf- I themolinaylprnesldlgrylvl ulijgow theteqgfi ' dulflgmllil: 1rfio r£3g F utv i. f" ‘ily .1 z," i1 (Sillllfl es, Le - case ea n!‘ w ' - _ _ ' Bfliisli p entarr eszimaies and ‘YE, aLs on Dxarls used byncflllellieilglxlallfll- oftflntl; silichunetthls, but; ti?!‘ rough Hours 9 l0 1Z—l_.30 to 5.M ~ ~ “ma... dimers wili_be subject w 111115 m: I e-l f, the ll l" ll "IMF?" Evening Appointments fmmq (f, m. ivhile the finished products, enfer- (‘Dell 011 6X0“! PTO IX . t 1h I 1,. “we ,, nu idiilrrfeiilifiderlume BrlLsh DIB- ___ $11: “yield 8.50:‘; éioooogégogooogg [Offitce connec ed fwli‘ ilew; fairy Store in n". 4 which . cessirv m vllllllfl Hr - w actually vom- A wide circle of friend; will he ‘l Pl“ a l’ r - ooa ion corner o en an ueen Street; .. ....,, ._ j _ i ithth c dla- ad fln- wlllbeco dur thecurr t _ . -l "°“"““"~' l ‘ nnfgfilfnffe l-Ifllgdllilifodiicgioagllllth Signalman.» mfleglézlf“? ‘ifmmllldfigh ‘f n,“ N‘ u“ °“ suolcessog a: (Lid andd évtell lfldliflgl! firm of E, y_ “. ‘ . ‘ t iic 10 per cent. exchange tax may ' - ' ' a or o c mon . an ranch . ' °‘ i2i'<s.l*..x'iiiizziiizlariirz"liiiizli lliglllliilllllll" . T“ m’ ’°"'““ ""‘ “gill . . SM h Ipioduci to continue DIOGUCYJOil.‘ resign‘ of injfcfiyg y “Sig: The next revenue measureeqgo- ' _._. 9'04 nsriissiszd: menial‘; m own» '- ml» w-l 2.2"‘ “P” l" mlmlv“ " “mm . .110 correspond- machinery relating w me "mission her condition was belived [cod l f’ "l" “fmllled "Pelld- ‘of tines it...‘ will it u safe id lllllll lllmlv below lwr deer-h " “mum” -"‘°"”°“' " ‘““ r ,1 L: .. - - - ~ f_ ' e1 income n. I l"°.-‘;2‘3.Z».“.f. in. l’"-‘“°.‘.°° my. "i" “ere ‘r ..lz.".."iz""r" "m M or me- » w» we iieiv Piiau 0f Skilled Laho - paieii rade m vantage pziicn toim- P mug. or taxable incomes and n‘ lowering , She is survived byfleeveral o! a family and her husband. Charles i lfvlfitchell, member of the Patriot 8. . "llldl Pl} llirfze redrc- north from Great Britain bv this tax i; small in comparison with the hmid caps which the higher costs of wartime production in Britain and of ocean transportation will im- pose on such imports. ..= 11.": 0:11)‘ imiprcvsmeiits oraexxipfisgffr Mn n“ a" . . .““°‘""‘. °l fl” “Wm” collects/bio d: due , m moat ..1 ,. .1i.c1 m .he .;ll6f m h ‘nun-in m_ tcfn bu’ f: ‘s also the result of a cam’ aim 1 Flood deal of mznstakfng examin-l mnflmm, ‘wwmd Emir» War Effvrl To Be Absorbed 101014‘, Ji‘\9 Ni-(OP Olble) Lf (ii-riiidiiy “(in npififlk .....L.5 (YrIiAWiA, June 2-405»; ed States to visit us in Canada. than :1 . ‘lflfl rc-Pxnmination 1n alll “x1331; 21 departments m i-der‘ Tllwlllh the mlrww of this lax ll This country ls read' a d l l ' - —The Dolly Tl-nrianh in an edi- f - b..- q mum Ronglnns priinarilv to conserve‘ exchange. it ~10 be a good has; i033 hag; 01g? I Wm deal firs‘; Wm‘ m‘ tnrlal today sold tiifit a new phase olfieare emf}; i, 1n“ ‘fade, w. W B B als relating to pe smiai income ta cul th x num km,“ 1- 1m! activities 21.; {svefiunllftedénatbil M“ be nrcdnlc‘ bor.".... ‘This 15 the m,‘ which in wincjpie of the Enuplrifs war eilfort was required by Cannda-snyar Nam‘ \\ _ _ ‘fi‘.l('i‘ or eliminate ser- einfm?‘m°°“5ltn°l“ fixlavrfllufl-rt .111‘; The Wfl!’ exchange tax is pecul- most nearly d proximal» ability to numbed by the diaembarka-tlon o! mes and to aid workers fir?‘ 1' cs v. .i hoivevei- jutinable in . a "5 a‘ e» s “‘ iarly an emergecny measure. It in pa. . We r lze that inoreeees in “l” "n"! 01 ll" 30ml Canadian ab‘), must“. ‘_'“‘~d p 1C0-Ilm0 ought not in be re- "l 01 °D¢lllll°ll ll will iield $6.5.- or the typ, provided for by the in ct tum dllculee the bindens 9F w Air Force complete with machined in u m, “New! uardod a; absolutely vital in viir- cO.fmd°{n“'{§§hm$&$°-?fw°$lle§ Wfll‘ ClBli-ie o: the Clflfldfl-U. s. imposed by the wer. but they we Pmnnhm t3“- aun t ‘l I'd-rid cquliinent. when they fllrlvol m..." lggcllgrfolrllglfimpl‘ lllll‘ ' - - ’ _' t de t, d if 1 much more lliiely to distrlbutefl-ieee ""1 11111 the further contingent of . . ‘ < M, aft-O... n“ unqnesnonm chfigglllgaf axlilalelxllolfdalspgltlenfvfl, Jim figifimglg, cffu. §§w°§puf burdens harshly and wiidiny. "W"! Clllll- c‘ ‘jinn troops iri Britain this “Qmlscgbtlilig Giff in. l" iciuty. Wherry-ill be talcen to prevent ggiand?! all“ Plgpfigg "rlleaw" “fill lg‘e‘x‘1‘§uifi€,‘°‘§:5 IPESSSuSGmIYwXQZ n52: , ‘WP ne n“ m“ w“ from the plants Lll6l11§€lllt> ‘gull; i?“ ll vllglll elmllsl w z» lllergllllitfiledilhlgcggisesfig ‘lflfilnfisol r m" en w t e w“ ‘gklflvliitz mi? budéeatoflgedi Willi} an“: shwn I Riiékim wed-ion 0n which om- “gin” anon,“ (Ow, v w t i. ' - ' - a on case o ‘ - xii- ou laylnl that to provide price increases will be under the Excess Profile Tax foul; em a m ma,” Y fir; luniiadianeadsenérclevled fully wuvm. 35g.) agked whether p“ the pnormous sums which mus! hi- spent by the Dominion thil year for (lc-fciicc. (ho ordinary "Yilviiiiiiurci of governments- rli ignvvi-iinii-nis-in Canada niiisi bi- IlPiTPlISPd if‘ they are m1! in n-strii-t ihe amount that (‘an l\(' iii-voted in the driving Dominion Govern-m had i. 59d ‘Wllll illl‘ ilrovliim the ind, ‘m? 6d llvlnzi costs in XIXTCHL flli with ll. vlw’ to raising l'C'.l-, lowancce. Mr. McLariy said iellor aids were set the Dom lwar-time prices and trade board mind any attempt to take advantage cf the tax to increase prices, other iliaii to the extent justified bv i111 increase, resulting from the tax. in lihe cost of raw materials or DfLYtS lentci-inrz into the product. can be idealt with by appropriate measures chaflle considers“ l6 make apeci measures necessary) by o. direct cal on our citizens graded according fol their means and responsibilities. We believe that a stmiirlitforward assessment of the contribution to the common cause will be ' undertaken and paid no n smal "From now 0n there will be a steadv nnd increasing inflow, not only from Canada. but Presently from the Gillel‘ Doiniiiions also," the Telegraph said. The newppaper viewed this dc- velapinent as of inesflmable value on the eve of possible German to- f’ now come to the measures designed primarily for revenue. The first one isa new excess DFOflYS fax act. A! the brief session of last September. Parliament enacted a statute of this type. Under that legislation, a business to which Trans-Gaiiada Lines MONTH-EAL, Que., June 22 - lfido a-isonger, and express iraf- flc of the m-Oarmda Air Linea task ni’ di-fi-niing Nazism, applicable to the industry or the the n“ a “ed n d t n to 1 t- . individual a5 the case may be. It ' ' pp a ‘u’ °p m‘ l“ m‘ ‘he 3559"“ m‘ M our in May all showed substantial in- lll°vlmllll Dfiyllmlllle l\o i. T‘? chief ‘fllfllClili-l‘ which all glfzjlggnggwg?“gdfiggltXgénghfi. ‘igiitngéff; ljfildtgfetllli-loilli ilmtelle Etta}: 2:515- ialitlllgfleijle FFZb01l°C'¥l1‘iIl‘§8X(l)? thtiagattlllglg: fixings? oz‘lig‘zlrA'p““i' “mmgmlg ‘o ltlzlgflxlarllltllll Blzyllqfllfinddvli: gxiqofilzggfited “m. : a" iiirzz‘ nuv :11 ‘ed -;;' r- .- ' » . . ' _ i y cs gvcii Oil Jlrlily. . » . » _ __ - - 1.»; . . (~~ wciiiiiiiirrs islihéeulaé. film “lad”. ma“ l“ ‘mmamnt Urodilc‘ lmled accoujl-lflg] “U”? raw '0‘ re. égilaglsedigikwlletgaslllgnliitic nglfltallelllll’ Dmmg "he 111011511. 4.962 pussgllii- ‘L;mmmuilllnézmllfi of lllnfllégti‘ ‘pJnsmmw bmwee“ ‘u““‘ “' 1'70‘ . v siiirili a ilrclJoriici-i of m“ m. Canada °“ ‘he assumpm“ gum; ‘m .°“‘},Q'" n er Opmm B‘ increases 1.". the direct tax on llldl- e“ “w” Cmrlcd- and lllcrew ‘if ‘i-ollncelgu‘ soil him Uilqt plfilroin “mckn and munmpa“ '4""""“’ , .1‘ <e PXpNldlillFPn‘ is controllable lthat Lilli special exchange tax would c“ B; “n?” ‘penciilt of the ex- vmual incomes 1.3% mnqumed to 53343 lg“ ‘mus m menis. ~ c133;- pyjd 111m. 15 me fury." n,“ Um be permanent. of}; ‘zholggllor-l allfogfylelztfllila 13:; ' 90mg]! which w“ m mm,“ 0,. "l" “will - -—-—_--____. l - significant reductions i m ' . ' Tw c aid tio er Apr of 10.904 pounds and 3.2m w“ liable cxiaendituresn ese neat‘; Qah:;t:;fm|‘é° ha??? 2:3)? Esra?‘ ‘ngeogatrgfa gfafyatyfii o on em m over the previous hlglh month. De- AT A mlincoyr MA‘ “$7509! ‘A’?! --l".ll'l( . - ' . 5”". . 1 .lishi t.» be.'I'l -. k"- ' ‘ "_"* =' m 0 “or “"39 “um ported and domestic. It lspro- year 1940 and fiscal years ending 013v‘; nmigdthbey fllmfiwlllfi igffisorm 610503129 ‘Zrgggfatfiggflt CAPE TOWN. ~- P) e. 3;...“ “‘ o‘ e“‘l“"~‘"“‘5' She: I WOHTYETEIWO prize for shaking in coiut b: involve ' n1a:"._\' 0f thrm gh .. f- _ , ., , .. I . n ‘nu 1 _ __ posed that, in place of c pu a fer March 31, 1940. Up io the 1 . t _ It 1d b _. n , . , . - _ _ , mun i.\<, " nignalig; “nrdvnjglgl_* gifdlm". sent small excise tax on lwtfl- present. no taxes hiuLbeen coilect- rfgififiefg‘ Dracgfgjgl, ngdlxg; sergal- ‘tlgléiffinslllgnlégnls -the best article mminst. cruel traps ors a fllfillldl‘ llilil UH i1i.iti_i»...3.‘.‘-f- d, ' ‘ ~ "ll mobiles o! five “er wll- on "g6 ed under this m as the tax u not , swim u, my the mnendous 005,5 as cmnamd with llllm- “(£93149 - to catch Wllfl flfllfnfllfl. ended e dispute that btzll‘ilil if’ To give an eva i tn yam‘ ‘n "u" °‘ 565°’ “m” ° Payable until four months afterwg WBJ by imposing taries onb on Th ' o‘ i ' He. And what will you do with bflr- Elcli was fined £2 (woo-bu mines -u d _ -_m-D f. e expend- substituted n helvler to: on new me end o‘ n firm: ‘ma, yenm" the” earning higher mwmu 1 i? all“!!! Pllun- p“, money; sentence me nuspended six mnmikg, 1" »- 1~ .~<- a "lc‘i flPilClPalfli for m? veal‘ e‘ °“.‘ "m" °‘“'F“"‘*‘ P“”“"' ‘“‘°"‘°"“°" P" Slnw the msslniz of ihe 80f. in The stubborn fact is there i; not l” 3mm” k‘. M‘? m‘ m "m" Bner Buy a mini: eon. Illblwt to mod bfliuvlbur, ,._ f" W‘! ' nnnn mnows i“; Q “llllhlllwd mlllllli to graded so as to be. it is expect- September the measure has bean mo“ h Income in tn? gownnnd ‘an compared with .166 miles in Ap- . 1 » " igqtnjxio m,- “‘.‘n‘,‘€““1,"e 526ml ‘d’ ‘gmwnt-vhl-‘rghnmllive$21?“ thoroughly overhaillcd and, as VI highg- brackchs i0 produce inm-i» ygrlfzgxfm ‘P ‘vr1?"°h' T119] Ewfrltu "_" " " , , nnnoflcn by ‘ ‘ “' * ‘ T9 n?‘ 9"" a“ ° ‘l: e" 9 "e s‘ intimated publicly ovcr four months than a small fraction of‘ the ncces- l f, £9 o. n‘ F5 mnlp“ “(a ° extensive amendments San, revemnn “LAB sinedu ed “as 99.0 i1crc..nt. ago. very will be proposed and we have de- cided to recast the whole act. The At. the eiid oi’ Aiay, fliizht person- ncl totalled 124. of which 37 were captains. 36 first officers. eight It Ls this class of mutoanobile which accounts for the major loll-Ft 01' 0"!‘ hed cars. and in 50 expenditures and by that I mean war pensions. siibsidzes f0 provinces. interest on iimporis of finis On the basis of 1038-39 figures. Snriicri as flDSOillifllY uncontrollable‘ the latest which are available. the axes he esti- ld ll 0-4! B! 5650- o age pensions. r" . - . n: ~ mxcs ivoiild funded debt. etc. Th1. left for as they are produced in Cana- new 1119551111! Wlll be 11111011, H1016 lfmn of, a1‘ ‘ncomes “bow (1 . 1 . - _ ~ . iii w $l40.000_(lfl0 out of \\".l§lCll $l<l\’?l?glg lda- the" ‘eqmre ‘he ‘mpormtlon or drastic but at ‘he mme “me “s aallgltllllllega and‘. ‘llicil nzlllftraTfg-‘ifiarilgesgrsb Ogilfio ' ' 1~ 1- d for might be made and ol fir; a . parts and materials in hiizher pro- implication as. between various in- ,- ~ ' ' ° *_ .- ,1‘. ,,.,. < 1 ' _ _ . - m¢l1lll| . . . - amount. to $20.500.000 oii l fflHili. ..r \..iiic.sos res glwd in be mar . . ._._.. nwhe... m. 550,000,090 was fcr salaries and mrtm“ thll“ the llllllel‘ priced cais. dusir1es_ and fii ms viii be far more mnv $145On0nnav1nabln f“ Drnvnn Inn . e u. mi was iragcs. so 11m. a. art fro _ .'I'his idx Will effectively help to ore- onflello out at lhesnme time lls lw- ' ' ‘ ‘ ' . . , i) m dis t m m f i ,,_ I n bet. . 1 d clal and mllnlLlDiIil taxes 11nd an; -v. n . y...) ohargmg government enupnmaes’ I ven .e dm on our ore 3n e pica on as vieen \8.l‘ 0H5 in us- imbner taxation bv the nnnnnknn, . . ‘Unflnnje o; $760, there n.” only the sum of 560.000’ change which these imports cause. ti" and firms will be far more to 5M. nothing o; 1mm expense; '- prospect. Against 000 covered by those main esti- The Dmpoud "m3 c’, exdse m‘ QQllllLBblP- and nersom; Obligations, ~ 'i‘lowihg $700.- mates which might be subjected to §§5.b§rl';l>%5f%;xl1la§l§n nrlrtlrniiéfetlcltlitig- n: 6111.111 time Btiétglligewtgungllcllar? Similarly. in the group from $2.» l ‘ < . t-‘l $443.- lvdlifllnh , ' ' a 9 c 371395 f‘ 9c 5 Y , h ' .19‘ l‘ I w. h-eamn; pTPV- Fortiindsfcfv. the deveiopmen; of l"}°l)““ m‘ °"‘tg“eglllt'5"pa‘d pa‘: the bill which will be submitted, but all-Os ‘§,§§°;§§‘§‘Q<lo,§0§“'§‘;e‘llif-flnflll. h z ivmilci total $1 - the \\'I\l‘ progmiii has blade, and lfijQg-‘por a“ mo ‘es are as § sltmuld oruullle 5°17" o]! the mil" at tile present rates would l . will increasingly max possible in ‘ ' 9E "N! 0 0U!‘ PTODWB 55 about $10,800,000, leaving oii v '_ .- - l‘ qnmmlfmenfg m gpsorpflcn o. sum p3,...“ m m: lee‘??? olllfnglllellmlégsigvgzmfloé‘? ain't‘; (i) Option A will be dropped ,ooo. Finally. it li-as to be noted F . hon-ever. would run acffvmmn [up ti) sgooflm Der “m, on m! d,“ altoirether and we will instead rely that the total assessed income of NEW YGRK mm ”_(AP)__ ringpgg and $200, wfm ma; mnejecbion o; 9Com u“ W" $900 and up ‘no $13°o_4o wholly on the general principle of all person; liable to income tax in Hem. Jun“: Bengmn onwm the vear 1938-39 was only $730,000.- 000; and if we took from nil ilicsc people iiie whole of their lliC0lllCS in excess of $2.000 a \'(‘Zil‘ 111- .sl'if\i'l(l Obtain only $i44.500.000 more than we ivould iiet on these incomes at the Britist act which was also the principle followed in opt-ion B of the old act. On this banis will increase the tax from 50 per cent i-o 75 per cent on the excess of pro- fiis in nny taxable year over those illilllflibl‘. snld tonight in e, London lTHlIO nil-dress DlClUJd up hero that the refugee BGlQlTiXl government ivculd no: abandon tlhe fight l- gninst G£TII1illl§Z Jaapiir declared that until v tvould not be all. cmiLes I return to my foreciwt. To our estimated expenditure for nor- |)\'Pl'-.-\ll ilcficii mnl purposes of $448.000.0CO must . be acdeci what-ever ivili have i0 be manufacturers and imfaorters, will ~" - he said, "illat in silent (lLilKTlg the year for war pur. lextend to cover also so es by deal- poscs. Parliament has already up- ers of new and ullll5§<1 OBIS 110W lll per cent; 0n the excess over s12o0— 80 per cent. This f-ax. which is on sales by i‘ . Oflhfil.’ - y heavy lnczeases t _ ms ‘.1 f i151. 1 proposed, it proved a vrar appropriation amount- dealers‘ hands, earned in the base or sfandaifl exlsmlg a?‘ ‘a ' _ _ b f {,1 11 . _ l” “lllllik o“ "ln 0X6" ‘lg m me sun‘ o" slmiow-oolk more . - n’ can harcuyibe “med that there period’ calla‘; giiiflllcllygfixle aglrifialtsuill» cl‘:2\.i\‘l)l9(l ‘fionéleol-l ‘mhe golvglillld j 3-1,, 7,111] from $390,- , 1.1.111 four {llllfS ivliat ivris Spent 1n i l5 lmdlle sa-m-‘mce-mmos?“ on ‘he m‘ m 0rd?‘ to ‘mun ma‘ no Borne '\\"lllfll)lC iii t-“cRc \'.'1l‘l0\1s in- iuiricrfrtke the rcspnnslbiliiv i0 “Mmuxh Tms m“ b“ ‘he Commponcimg “em of me ‘an l gflslaglan °nl‘<‘.ze‘l»1i‘l‘¢1f§5k@‘"§r ‘lllglié? plomalllelb“s‘ness Qlinliwapf‘ tax‘ come ‘i1r"\"k0i5 lioucilcr iimsiivrrli Fpolll fllvlie. The 130121.111 Qbvflll- l_lf‘_"l.‘f' c0d,.\"31ll‘- . o one -- ' ll lon. s ropes hat n no, . " ’f 1'1 i‘. "onooof- mcnf fool; "i112" i 1m; K‘ c ‘lllllfllifll 9X‘ l (flgalnllnifl balling “'0 1'18"!“ EKVQS dgilcfzdgfisnngrtme iguxggainlfiédmh: c1531 ‘ti; ‘m nwrporfatwdl clmlpmll‘ illllvlii" zlzapseliciiture Lwpold Sililfgnfiftmé‘ tl1e“l1)i"in~v “lo 1 - ‘ ' ll‘ d1 . . . . ‘. ~ . ' . , ~ -'- . - - ‘ _ . . (“epltsslon fills lwze gill: mruloggrcl) "if? l“‘g“°“ “rhafd GU81“ falmigéda de‘ igmblneg all? ctgrllgliflwwhlg‘ §»‘€.;3i¥..§é‘3“<‘.‘i“§i&‘t$§%r6“§.il‘2?.ii.i- lggtlglgalilgloilllgnvfigethggyvfgllllliinem a l- “W ‘ ‘ ‘ Y l k I‘ l ,;_ most certain’ 111 t, @851“! 5°“.°- °l1 °“’°' l” "m o m , bel tn so t . ‘ = ‘ 1 ~ ‘_ ‘F’ ‘ ffldggce“eg j me “m... o, an?‘ en,’,?§d._,_u’f§f5§§§ niost of which 31R made kn 01113133. gfnfiw gomnnrf§li 1&5) “Kalli. Z§§.n§§°§.‘,“‘¢‘.i.‘l<.‘§.1§§?‘li.@“l$§is ndg“§<.."l‘.‘.%1,,‘§n.§’;§§°a,§§.°-,f,,,,,?;§?9i Priviiie n. J. Creighton of Bancroft (LEFT). n member of ine . n, i030“. [he 1 the ciirmnt. fiscal year. Lglltggvfogtcegfa ‘érlggrsggviggagnnn; whether or not such profits exceed the mnfsimniv by taxing! 1mm. i... n0 Snnn “To Lnem ‘w bung an, Hastings and Prince liilwnrd rcglmi-nt i; IIPIIPVEd in have been Llkfn i . annoiiii- P“ Canada I belie“? al-So m me nneqvar pmnw 1.1 will be remrm- comes, 01‘ even 1.11059 of nfodnmip U“, renown“ M our msnosnl In prisoner ill. Robin's. l-rancr. ivlicrc iii- u-fis- iii hospital n5 the ri-zuiii of . coin‘ war biiilgei Hcnvv Commitments United stntei w!“ be more and bered that the corporation income size. Europe and the Congo." , B llllllorvyclil accident. Just to lit-Pp iliiiiprs l‘\'l’ll. Pic. C 1.. liaison or vcrczi b1." Revenue Min- s ‘ more taken up with work on ‘ca; tax is 18 per cent. The cabinet minister Urged mp4 Gait HEIGHT) captured a Nazi pnriicliuiisi “llli came down behind 185i, mil. a... m as waslllgfsslelgllvfnll lltlgpgngrlélltllgna7 £1! equipment. our production ofeutgé U I M B i Provinclll Tam new of mil Belgian veseis fnl in» French lines. “He promised me l souvenir," Quid Mrs. Division . '- ll .- mobiles will necessarily therefore n Illwfllorl ll! Milli t Fmrdi pom to sail for Bi-ltiah “but I never expected that." i) son Of CO1. Ralstolfs 000.000 for war PllFPEFc-fi. we have restricted. if Wll‘ work is m have The second consideration l! l4“ hmwtxrra. ‘.310 first full budget "lid? heal?" llfldlllonlll wmmn- priority. ‘Phe same result is achieved in lllilDQllllllllfllliln ‘mlefgf "The French as well $4 me 3n- A _. _...._-...».~,----~_-_ w.-. H a , ' Great War in March. "libs “ml ~hf‘~‘-@ 111‘? constantly m9 C559 0f lWmCOTPQTBl-ed bll-illle-i- figteg°gnylnfng ‘lllzngnles_lm.éw nun Klan Empire sundvcs," he divliiiz ' Tlilllll: to be mlricci to. There will will Cut Car Production ses by provision that. the excess “use in Canada (“Cent Novn Sconn cri. "Boiler death than slavery." w, n; 1111f‘? the growth of and New Brunswick. now levies iii- . uzzd the increased cost of For U. S.: Worl (Vs Greatest Navy? be some oifscttiitg factors to these profits tax shall never be less than t. n \ i f 110w obitgniions. There were some Whfle riot at the moment cuttini 12 per “my, 0g the mini pi-ofm, t l n . r 1m, nflnism. s“. commitrrfenis in our earlier estf- off all production of pirssewercars. whether m. nnt wen prom. exceed name gxesmiiuigtd “y; niggfiigaillixfil: . I M UNWN. ‘v .. fnrccas: {OM11 rev- "W" “lllcll ill-ll‘ ‘lot be required lllll l-“X Wlll- ll l5 belleled- "ma?" pro-war nrollll- cfifilldfes den-en in provincial in- nown OfFIStS l " W \‘ m g - noooocoo rind expendi- ‘due u} possible alterlltlcills in mu- fill?grllllllllltgllllgxrwggfjvugglgg (Ill 'I‘here wll be a number of come tam Onnno Mnnnoban. ,, . _. r Wiih Adiliiions. Ni...» qwnljonnuno including m"; ‘Cllllfiihill? ivtizzli depend on llll Ce ll _. . _ provisions for adjusting the base prime EdQ-uld 151ml]; Me 1.1m pm;- ' . ' Building: orProposcil l flu‘ ‘fil’ DUYDLPSCS. finwllga-lllvbof the flutes for which Slliléleiillalllrcfllufillilzgqt iggnnfiggfgsgnil‘ or standard ‘profits in the case of prOvh1CE$ wliich allow, as a rlcilir- He ,8 Beautician 35-1.. 53.300 iuiis ‘ l .~ tilde; fiscinl iyenr ~ ,~rhé__ell.\“1I1e llgcccieiinqil‘ modmca ‘tuned Drbducnve capacity and nn_ ngwly i-ixizséiSltlggltgflsélélflggfédbui; $.11 Dfroin illlifflnlf; liie tux Diliu ii. 1.1 an cva- ‘ - ' 5565 ' ' e oninoi. r i ‘ ., 1,11,‘; and“ mwulmd “W5 “muff lll 501118 W505 the ee- Ummnned defiwnd’; 11%.,“ "f§§°°‘§§ whose scale of operations has been All thcsc authorities tax at. dif- ____ ' blood 51mins‘. $516,000,000 Qgiwflsgffsiieigdmloabralifecllxiirxgd lllglllllytililliliggigiiiiimflefim f; 1,, or is rapidity; exipaaiing. M311 lziusi- 1ferentrate3s.pr'g‘rl)1is megghgetlélliiléixllelll; (cfénw griliznfnvd. g, .1151‘... fix.- » '1" r. ‘as iie u) a 1 H " < ‘ i‘ 1 L; b ~11 nesses opera ng n epresse n us- es; we ar fired‘ —- 1e s a ve e oor i 592m o! business llgllflllfkElllflflle in France. There ggxgfiiglféfiasbgnfigrbneeg: I51?‘ Re mes whose p359 years Show 10m; (Lrblfffbfv mid iilllilll‘ and to set up sayp "HQX-telwe £11m, Shppyeynnd - n - (Jnllfivllfflls which will be production and seyyfgjng o; mech- or abnormally small profits. schcdu es o1~_r:iios_\vl1icl1 ivhcn ndtl- yoiid scarcely expect to fiii a top- 1. i tied $6.'ll.000.— “‘.“€"";“.“'“ ‘Pl U” °“"9‘:‘m meal‘ niiicai transport and other equip- (4) In order that firms may not ‘(Xi W UK‘ 111"? lllllw-‘ied bl "m" llfllflll prim-lighter lllfildfl evlllli’ Liiircs amouiii- m?‘ o‘ “w "m" ‘PW ‘VQEKS- ineiit receive discrlmiiiuiorv ireaiment llllxllall "}u‘fl“‘l\ ‘Y5 ‘Wald cliiiiipiiuz Rlldllvls 0M0 B Ellls L795- ‘ sior o an .15 fr. -1c se because their fiscal years happen to end on different dates it will be recommended that the tax in respect of al businesses shall apply l wijiiYl think that no fire already coiiimiitcd for probalnv another $lDODUODOO to s2o0.0o0.0oo for the fiscal ‘wear. and that such reduc- Hei-e again. then the primary pur- poses of the tax are to save ex- change and to release productive capacitv for war purposes without 5. Plllllllz wave: in ladies‘ hair and gentlemen’: noses. oweviec‘ are nlike in the days’ work to Jimmy Perrin. variously styled as feather- must, iii fiXllli: its svlicciulc ofratcs. take cognizance of the highest schedule of rates effective in any province. 'I‘his is but an instance 0f the budget. vx- l: ‘ ~"-\ 11: $1 8,000,000 might have cw»- to; 711.11: lzcin been balanced, - m . lions s may take aliice in uro ig- . _ " . - l - ' ' Evvlllllllll! XPWF-“YV inai UiiiltlflLCS dub to ‘chgnoesr in gnfllfififilfiifinigllfiflfisfllffi $§§,‘,‘,,“§a,‘§ ggnllgoilnsteeaglflgnil‘ ‘lmzrnggg the chaotic situation in the flscnl weight champion of the world, and , Wllll Addltllllll. 0W .. . . n F" lllllll“ .“"1> "Wbllblll be “w” "m" dtivciv small. It is anticipated that rwwnle‘... ‘of ‘the é’ n dale of svcioms’ of Canada to which i-lic m; I_\i0.‘l Cliflllvilfifil‘ for the tiiic. Building or Proposed pcHf/d llolllll Ca lfl cilwi 01' fiirtnci- undertakings. m the firs; (n11 V..." o; taximm. i; n1“. f. " I V _ Xl r5’ Sirois report has (imam aiicniion Thai" not all. Peri-in 5f.fii'icd his ]6_4ggyoo on, fl..>.0i‘i s. . o 0Ul'_l'0\‘0l‘iU0, oures mueis mi. ' - ~~ i. i , to gc ng worser e - 1. can xng v acc em. . . whlch sl-‘mmooo “m b“ “ma: W‘ “ busineues whose profits are not in l-fe uni llllCd in ior n boy who llSSllfllllll o. continuance of present frciiils and no serious interruption of our export trade, our tci-ai rev- cniics fni" the present fiscal year oii ilfc b.1515- of our c. . ing tux struc- ture would amount to approximately $G50.000,i)fi0. This estimate is made up as follows: Tax Revenue- Customs duties Excise (iuiies . Premiers and D-"Ovlllclfil of swmc provinces and < Cf’ some cities had RF- of ci-opcraflon in this the present fiscal rear. In addition to these two sub- stantive measures of a fiscal char- |ncter for conserving exchange the Igovernment throuzli the policies of -the department. of munitions and. ‘supply and through the operation of administrators appointed under the wartime prices and trade board, ‘it. aLso cndeavoring to save foreign didn't showup. He was l2 years old then. Jimmv had 95 lights as n11 rimriteiu. and was on the 195i: OYlillDli‘. lvam iis n11 alternate iii the lll-iniinii clams. As a profession. he has fought 45 times. and his managers say ize has icst oiilv four fiphts. Jimmy fought 13 times in i939 and lost only once. to fro Rodak. ii lifzhtivciiziii. This YORK‘ iic has bruit-n Archibald. Al tel‘. It is proposed that exem tions un- ,der the graduated income fix which. as I have said, are at present. $1.000 for single mrscns niiii $2.000 for married persons. be reduced in $750 and $1.500 respectively. The exemp- tion for each dependent child is left. n5 at present. at $400. Under the proposed mice. the tax- payer, on the first $250 in exccx of the exemption, will pay Six pcr cent excess of $5.000 and allowances will be made for drawings in lieu of salaries not in cxcess of $5,000 by sole proprietors of partners: <6) To assist in earning out these provisions fairly and realistic- ally. the appointment of o. board of referee: will be proposed: (7) In connection with the gold mining and the oil producing in- Moncmics. hciv- -,» mcailt rcdr lions lll Domiizicn Cioierzimcni ‘in absorb any BmPlQlW-F ' i1, curtailment of .1 bin vi . . . . . .$132,000.000 . 83 000 l m“ expalld‘ - ' ' exclian e in its own o erzitioiis. and . , _ *5 “ml “l4‘-‘."°‘°§- glli°§.-‘i‘z§¢'<e'£.~i>ké§ . ' lllglggillggght may? from time top time. in ne- fimflrgcs a dx‘,“e{§g:in‘:i.1s“ ggfflldlfi‘: instead of the prcscni. initial mic Rvlrl mid Bobbv Riiffiii in his only The izldl-llfllfll h“ ‘m a“‘°“l",' Income taxes . . . . . .. 166,000,000 .spect of certain classes of civilian ‘g ‘so 0 5 t d 1p itns p. of three per ccnt Q11 the next $7.30 starts. '11"! lll’ l° a Pmlflblme Excess profits tax (to be iimports. take other measures of s. pays “c”??? ° ea 1w Mn"; of income the proposed PM“ l5 Bllllll A mil-SW? b0)!" Who dellirhte in l“ V“ mllwlmccd "News SllDBT-iodfidl .. -» llll- non-fiscal character for the purpose m‘ “pen “g comm“ e5‘ per cent. and on the next $1.000 in humiliating an opponent bv mak- . ve xhe effect of curtail- Bank note drcumnon and o’ meeting m“ vim need u on" stressed n little earlier in iihe ree- excess of exemptions 12 pa, cent‘, m; him miss. Pgryln 1,0110,“ m,‘ . s of cars and thus make nmnnnce comnnnles cumnames “em w "mint ent emergency it is consider de- and w on u afd5_ lessons in tzin and fanrv dancing f‘ . pwciiiviivv capacity avnil- 151x05 2,000,000, I snmnd and nan, mm the" In sirable to encourage the deveiop- In the n” dependence on 1mm. have been“ big 119191;; googwork, fll :0: .11.; work. TORJi l.1.\ revenue 583,000,000 one important way 1n “mm m" mcnt of these ‘natural resources. mg mum,“ has m; 1.1mm“ “mp-i. ' - T’ The imucsi oii cameras. radios Non izuijrcveiiiie- _ snnnnes o! foreign exchange may DllllKlllfiTlY 59951159 °l their 9-" were just above the exemption liiii- _ I and m. 171i". m;- __'.»lil(l _al..o serve Post Office receipts 37,000,000 ‘be mcreasfln Canada is fommnn font in diiecily increasing our sup- "5 taxable m, very 10w mtw and: , _. _ _ . fins purpose ns inc inaiiiii pro- li1_l.ci1 lllVflfiimliilig . 13,500,000 ‘in the strength and extent o! her p-05 of hard currency exchange or hemm we increases are 11969559.“ . = “rm Additions, N0“. (n, 4... wnpm cguld be used 1n win Miscellaneous 10,000,000, old n“ Industry ‘vmcn in ‘no in decreasing’ our requirements proportionately ater on ‘mo. - I n..,.d.,¢;<,0n fotal non-tax reve . 67.000.(K)0 B _ lfllhlb h n‘ therefor. oupu recelvln ncomea bctwrvn Service Bllllilllll or Prowl"! ‘ljl m" new ‘axes n“ excess Tom‘ o“dlnar“ revemm ' 65o'o00’oo0 ll-riliiaeliipdllglllrl. ‘llflilqriiegwexlrrlrlfiéio: fie exmllptlm‘ l m“ ‘mm ‘a?’ 3mm“ 219 ships 4111-1385350 ions nmn... t...‘ 75 par m»... of prolliS of cjnp-ut is the nwsjt immediate Exploratory Development Elggiizgon tgieazgrglegleévgnzulheglfiiélnl; 275000 m" . .. . , -. Probable Deficit Eniimlte (‘ll fll)(\\'i" f1i1 vsiliilated prc- Pfll‘ and :vr.portanl means at liziiiri f r hlgn mcome8_ nh-eadv amen“, “M. 'I‘hese industries also require the \\'.l S‘.il‘f(l.li'fl, ix‘ cxpccfcd i0 Yield _ _ . v ; _ _ _ i. ...2i:..:2s.r.r:i....rr.rci::r:.. ‘"6? 94:21:: ziaiizfir.ssls"iiiiir '1' all hill‘ ‘Fl? “Jf.2i.i’é’fl1.é‘$°£§?i°§‘..:fe Th” Wl-“lml “mmne m" “" Parihment i‘... war purposes total. ‘can appeal wiiih confidence to those o‘ ‘awn amcmnts o‘ wpm‘ h‘ ex’ ticnbl albe ini-reaeed liaviniz ard crcases are expected to bring in n. fhave Sam 5114300009“ weiengaged In producing gold to nut loratory and development work w m: taxes leflecnon Lheselsime’. $l3-ll-'l9l"7"l l" a m“ "m"? ‘he m‘ nic friend. therefore. ‘with a nrob-[forward everv effort to increase “More produmon cnmmences’ The incomes bv certain provinces and. finnni dcfcnre lax. $35.000.000, and nb]. deficit on the bums o; ourlnmr production as rapidly is results obtained from these expen- munnnnantles V vmr cxvllllnvc lflx on import‘. 551- IJYPSEHE trix structure. of at least mosnbk. dlllll?‘ “'9 :_:h°"°““‘;bfi{{‘,‘“°i d9‘ I may iidd lilat we have at the 003.000 niid iho taxi-s on tobacco $498,000,000 ylus an lfltklfifmillilic‘ In this connection 1. am “M M Plfiulztlélyllgqtgaevnelf igoenstrlkeyqizs eve "me “me simnnmd m“, nmmun... of income tr; rates bv doiriR nival’ with the old five r ccni. silflflX. and ilie 20 per ccii . wnr SWTlRX im- {Joeed inst fail and siibsiiiiitinl: henefor a schedule of hiiliier raic: amount ivhic 1 mnv easily brim; that (ieilcit up i0 $700.000.000. Consc- queniiyq it is necessary to answer boldly and realistically two ques- plTlllllCifi $l5.504’l.000. Tariff changes. usuiiilv an im- nnrifini feature of a bud!“ Wfilv fcw. ThPv nffrcirri only five com- incknowledizc assurances already -from a number of important mm- ‘pirnles that it. will be their policy fo step up production aii far and as cniually made. increases in the scale of prcdiictoiii or recovery are i not closely related to increases in! the amount of capital employed. mtldliiPii and were miiinly implc- tions: mr-niing reports of the tariff First. what part of this probable ‘mil "Stffmdlgmls Pfgrlmm" Evin Cflllfifqllelllly- fol‘ the purpose of it-hroiiiihoui. the whole ranizc of in- bnm-(L deficit is lobe mot bv taxation, and B! lirPl l- ll‘! lrlal‘ R0 Lflfimfl ‘FORTE!’ adjuslmg standard prom, in {he com“ ; Col. Riilston . said ihv ill-P" “hm Doll bv borrowliiii? I" d ("£94m “i” "We ‘ e m", ' case of expanding OPPfHlOXlS. the Individual Taxation cent. lax on imports was .\~ictl_v The fivrond quest-ion Wlllfll h“! 5° l" “fr? u“ Canad“ has 5"“ basis will be not capital employed Cominz now to the 50(10il(l_l‘l‘\_'l‘- ' be answered is: How can the bud- |ll'l Olfl‘ mall? WK"- Thli YMY- "l! but the number of unit: of uut- if“!!! measures applicable to iimiv <f- uals: to supplement the iiriirliiiiiril income iiix we propose a l1flll02lfl .~ defence tax at a fini. mic applicabi- to all incomes abnvr- $600 for sip, ‘c persons and above $1.200 for marri- n war emergency‘ measure and in- . _ , _ r _ voivrd no dgfinrtunrrl’ rl'({§l};n§"°,§§§; filarymDgtllfflervgrfbgpahgglfiagrggg; l-qrjgaiirerlimlilpti:>rgpgllalllf>l‘i 132ml??? fwpmffln, mmnefi, such o answer the sllrond ql-Rsiltll the r-xnansicn of this activity. but the flflpemnnrs new m one“ first: its effects. may be at least partly Ila/inn! put. In the case of 1i new develop- ment standard rofit; will be cal- culated by mull. nlyinii the number of iiniis of output in the taxable , Iii llzr-ir must i-xicnsiix- 1.1.. c. - . r ~- ~ -> fiic 11m’, (mi-man bombers. cnimrit- 1.239.159 lollll. With Addition ‘cd to number more than 100. lllflgflfl TOTALS: In Service. 369 ahlpii: ) l‘ I now outline the ficcai measures 0"“; 3.. mmnformaflon and m!“ b. am‘ “m Umm‘ 8.9M” ‘hehlégned fol‘ olomoiint: the conservation 0 undersiandinls reliardmz recent ligand jflfing"fi§lgfial’,§‘f,i,fgd ‘he ell Del-fol“. Till‘ Fall‘ "l l“ f!" aloiiiz the cast coast from Scotland 734 slllm: 3.670.000 ions. “NC” “ml 0"” mun‘ ' fwd?" excllllllie- “"570 Wm bell” rczulailons and by unfounded rii- - A" conumm, in me 1°13 "fining imilfllfd persons will be two Der (‘Pill to the Thames and down the vrcst measu m submitted wiin that ce- mm’; that have b-en circulated. i“ on nmdudng lndnslnns (chem irncrrgitntngctigtiwrikiétkgwnaind‘is; . grnnngzéovrsgiifigsggmgiifgggfi unknnfi. new!" n! u s. sham‘ Wm‘ the gran“ M" h] worm hmnn.‘ llrkvr ihzin any two foreign fleeie now iiflniii, brvnnirs n Illl»*-““""' TAX CHARGES finite pin-pose in view . ' iNf-"lll! m"? Clllfldlflll "l" llwlccmpanirs exempted tcznpwrnr'iy' "n. H "n, n, on, n.9,... ‘Mm - ‘ .' », ‘ " - " “~11. T id. i. - . . Unnnwft Jun, QP,OP,__FOX_ w" Exrhan" T" .l‘.bxcll'1lé“l;lélfias?bgllfflgififvglllni céfntfnirhisll fi-cmncamnm‘, "hum, t“ "M" I and 2 M“ WM H m” 1mm“ Mn “leg? ‘insvitgmigcd gnuglfimfgun5clgo‘ n; (impress considers a 84.000.000.000 nilllroilriniinn in lflil More!‘ “Winn 15th‘, namm next or me n,‘ H L. nmncsed that n w“. W." X . _ b .. sncum 3g o; u", inc-Um. “m. t“ Conn, “on and .3 not "low tnnn spoon-planes for nennmn "wnsnnds srls in iiii- pri-xi-nt liiiilriin or nuihnrizcil llsl. n! Hi5 shine. (liar mSJLQVm“ ‘umam and y "“' "ll Wlll lwllfvl“? "-1 l" lllfl Fl!" l l iihnirs hniv strength of l’. S. fleet units now in service compo"?! “ml chanrw portion of the budmet speech read in the OMIIIOII l0- First. exchange tax of 10 nei- cent. shall be im poled on the value for duty couraging our friends in the Unit- of nil other coinpeniee, pay in ex- (To be Continued) of children from Wales m the dum- inionl. those of the great proposed navy.