Show THE CAPITAL LEVY IN GREAT BRITAIN Returning from Europe Europ W R Wallace of Salt Lake who ho studied the financial difficulties of ot the th na lions says sara ay the tb Labor party of o Great Creat Britain Is la attempting to do by So a capital levy that which Germany Germa yand and France Franc have hav done don by inflation The mark mark which has little or 01 no DO Value In gold cold has haa made mado mad It possible for lor German Germany to cancel Its national obligations by the th pay par payment ment mont ot of a small mall amount of ot gold coldIn it In France Franca the th franc piece la Is depre elated to ono on fifth filth of its Ita ll normal value Ten billions billion In gold cold will cancel the th French debt But Mr Wallace observes that this thia method I II I Is nothing less leu than the tho th lion lion of ot certain classes of proper property and leaves all alt mines mine raU a s B fac factories tories an and nil 1 lands In la the tho th possession I of oC the th owners owner untouched and of full fell value lIe II states that the tb La La- Labor Labor bor bar parly party of Britain proposes propose not notto notto to 10 follow in ut the th footsteps of InOa too lIon are traceable through e 01 cry ery count country on the b continent but butto butto butto to make a capital let let- levy against all 11 classes Clares of ot property In summing I up the th purpose of o this thia method Mr Wallace says Bays This Thi levy would enable England Enl to compete compel on n eten terms tenn with and France An and anil then thou her 0 nun n taxes could be spent on schools schoola chool public health and for the promotion of o social welfare It If the th bondholder Is made mado to carry his bis full part of ot the th readjust readjustment readjustment ment the capital ley lew l y might work workout workout out as expected |