6 APRIL 1929, Page 3

The problem of what is to happen in industries which

are not making enough money to pay the standard income is left unsolved. Nor was there any answer to the objection of a critic who pointed out that an unem: ployed man would be drawing more pay than an employed engineer—for two years anyhow. The general idea at the Conference was, apparently, that an immense amount of money can still be extracted from those who are bitterly described as the " Income Tax paying class." We wonder whether it ever occurs to people who think that the Income Tax payer, as such, ought to be penalized that the man who becomes rich in industry has neces- sarily conferred benefits on his fellow-men. Consider, for instance, the case of Sir W. R. Morris, the motor manufacturer. By his imagination and energy he has created work for many thousands of men. He puts back most of his profits into the business. No doubt in this respect he is exceptional, but even if he pocketed the whole amount and spent it on luxurious living, the payment for his support from the workers whom he ims made prosperous would be a comparatively small levy upon them.