THE CHINA MAIL, MAY 2, 1940.
SIR JOHN SIMON AND PURCHASE TAX PLAN
London, To-day.
IN ASKING THE COMMONS approval for the Budget re- solution relating to the proposed Purchase Tax, the Chancellor of the Exchequer said that on the second reading of the Bill, which he hoped to present in a form which had been discussed with trade associations, the House would have a full opportunity of examining the scheme which was something new in Britain's armoury of taxation.
Sales Taxes existed in many parts of the world and had been applied with success in the British Dominions.
THE NAZI ADDING MACHINE
London, To-day. Asked in the Commons yesterday if his attention had been called to the exaggera- tion of British naval losses off Norway by Germany, Sir John Reith, Minister of In- formation, replied in the affirmative.
his He explained the reasons for decision to impose the tax at a point between the wholesaler and retailer and dealt with the exemptions to be fuel and accorded to food, drink,
public utilities services. He thought it would be necessary to include cloth- consider the ing, but promised to views of the House.
They were, he said, engaged in-a tremendous struggle and it was essen- tial to limit consumption.
It was one of his main
concerns
and responsibilities when there were enormous additional demands for war purposes to keep down the put forward by civilians.
demand
The extent of the sacrifices which the war effort would require from all classes was likewise emphasised by Sir John Simon in speaking on regarding Income the resolution Tax.
House Warned
He added the German claims were 50 exaggerated as to evoke sarcastic comments in neutral countries.
the Replying to Opposition suggestions 'Special machinery existed in Ministry for dealing with enemy mis-that the tax on the higher grades of statements. When these were not de-income were not sufficiently severe, signed to elicit valuable information, he warned the House that they would have to have recourse, before they had immediate corrections were issued
this instru- through channels which were assured done with the war to
was
of wide publicity, especially in south-ment of the taxation of incomes in a
fashion. It most formidable cast Europe.-Reuter,
could impossible to suppose that it operate only at one end of the scale. Not in that way could large additional sums be secured.
ISOLATIONIST BILL GOES TO PRES.DENT
WASHINGTON, TO-DAY. THE HOUSE OF REPRESENTA- TIVES YESTERDAY PASSED THE BILL AUTHORIBING THE PRESI- DENT TO REGULATE OR PROHI⚫ BIT DEALINGS IN FOREIGN IN- VESTMENTS IN THE UNITED STATES IN WARTIME OR OTHER EMERGENCY.
Just as two-thirds of the whole consumption was by Individuals getting £5 a week or less, so they must face the fact that there would have to be substantial claims, many of them hard to bear, at the lower he did and of the scale, though not say the lowest of all.
all They must let the lowest of have such protection as they could give them because they had so little.
He was, however, sure the House and country was never going to fail to accept any and every burden pro- posed, as long as it was necessary to goes to President win the war-British Wireless.
The Senate passed the bill on Mon- day and it now Roosevelt for signature.
The bill seeks to meet questions re- garding the legality of the President's recent action in "freezing" American credits belonging to Danish and Nor- wegian citizens.
The Treasury has authorised all de- Norwegians and Danes to make posits in American banks but the res- trictions on withdrawals from Ameri- can accounts will be continued.--Reu- ter.
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(SPECIAL TO "CHINA MAIL") Paris, To-day. The Premier, M. Reynaud, in a radio broadcast last night appealed to "the army of French workers" to sup- port "the army of fighters."
"The formidable German war. ma- chine pitted against us was born in the German factories and is being sup- ported to-day by feverish work, all
Chungking, To-day. Heavy fighting is said to be continu- ing in the area north-west of Nan-over the Reich.
chang.
"This is the law of modern war- fare, the law of France and the law of the enemy."
M. Reynaud painted a gloomy pic-
by the Germans, and added:
In an attack on Chingan on April 27 the Japanese artillery fired over a thousand shells into the small town after which part of the Japanese forces entered the town and engaged the ture of the fate of countries Invaded Chinese in street fighting, Hoàn
After three days bloody hand-to- hand fighting the Chinese are alleged to have once more gained complete control of the town on April $20, ac- cording to Chinese, field despatches.
Heavy fighting: ing in the viciziits
still progress-
masin where: vivorous
"The fight for freedom la the very reason of our lives. Our aim is to Is to "live" as’free men 'and our
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* In full co-operation and. o-operation would continue after war Ha
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