Industry

More Tax For Ng Gold

4 USTRALIA is considering the sugges \ tion that, as the New Guinea gold industry, under devaluation, is now etting a return worth £15,000,000 an lually, it should be forced to pay dgher taxes. . , Minister Ward told this to Labour lember Beazley, who asked whether the ndustry should not be “specifically levied ipon for the native welfare fund.”

The industry already is heavily taxed, >er medium of gold royalty, customs luties, transportation, etc.