Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 17, 2025
It appears therefore equitable that capital should become contributable to the cost of the war which will eventually result in so largely enhancing its invested values. A tax of 2-1/2 per cent. upon the aggregate investment values and a royalty upon the mining industries of 25 per cent. of the net profits would appear reasonable. The 2-1/2 per cent. tax might bring a sum of ....... 15 millions
It is true that the merchant service has the power of rendering certain services in war, especially the power of providing auxiliary vessels, and of furnishing men accustomed to the sea; but as time goes on the power contributable by the merchant service must steadily decrease, because of the relatively increasing power of the naval service, and the rapidly increasing difference between the characteristics of ships and men suitable for the merchant service and those suitable for the naval service.
Word Of The Day
Others Looking