The Chamber desires to place upon record its opinion that "the principle of unrestricted and untaxed Trade which has always been recognised as the cardinal condition upon which the prosperity of the port depends, is vitiated under financial arrangements in which any portion of the proceeds of a tax ostensibly levied to provide lights for shipping, is diverted from the special service the maintenance of which is the only justification of the levy and is passed into the general revenue of the Colony.
The Committee would remark in reference to His Excellency's recent statement in reply to deputation of the Chamber, that the Colony cannot afford to dispense with any portion of its present revenue, the same being required for public works now in progress or projected, that even if the revenue be unequal to the expenditure, the exigencies of finance would not justify the maintenance of a levy which is admitted to be unjust and imposed is in principle, and is iniquitous.
Page 476
The thamber desires to place upon record its opinion that "the principle of unrestricted
and untaxed Trade which has always been recogniced as the cardinal condition upon
which the prosperity of the
port depends, is viciated
under
by financial arrangementain which any portion of the proceeds of a tax ostensibly livied to provide lights for snipping, is diverted from the special service the maintenance of which is the only justification of the devy
and is passed into
the
revenue
rev
the general re
476
of the boomy.
The Committee would remark in reference to stis Excellencry recent statement in reply to deputation of the thamber, that the Colony cannot afford to dispense with any
any portion of its present revenue, the side being required for public works now in progress or projected,
that even
if
the revenue
ofo
unequal to the
che
expenditure, the exigencies of
bloving
finance
would not
maintenance of a
is admitted to be
justify the
levy which unjust and
imposed is in principle, and is
iaquestions
T
T
No comments yet.
Private notes are available after approval.