There's Nothing to Howl

Howl About

These are opinions expressed by one of the leaders of Australian trade and finance, who has substantial Islands interests: FlJl—This country has nothing to cry about for the present. There is going to be a record sugar crop, at good prices. And the price the planters have been getting for copra for many months have brought a huge amount of additional money into the Colony.

But the longer view is bad. There will be very grave trouble unless something Is done soon to force into productive ness a lot of the land held idle by the Fijians—and also a lot of the ex cellent alienated land held idle by the CSR Company and one or two private owners.

NEW GUINEA—It is utter nonsense to say that the new taxation will cripple private enterprise. Big firms, carrying on big development, actually will be better off. Two classes of people really will get it in the neck, however —first, individual traders and professional practitioners, like lawyers, doctors, dentists, accountants; and, second, all those clever Australian concerns which registered subsidiary companies in the Territory in order to dodge Australian income tax. But the new system should have been introduced after Parliamentary dis cussion. The Government did the right thing, in the wrong way.