Alleged Unproductiveness of Tax.

A tax of 1.s. in the £ would only yield £130,000.—(Hon. Major Atkinson).—This is quite a different argument. It came from the last nominal head of a New Zealand Ministry, occupying the special post which answers to that of the Chancellor of the Exchequer in England, and supposed to be the chief adviser of Her Majesty's representative in New Zealand as to all subjects relating to its Government, but chiefly as to the resources which it possesses for raising supplies wherewith to defray the cost of that Government.