A. CAPITAL LEVY AND THE DOMINIONS.
[To THE EDITOR OF THE " SPECTATOR."]
SIR,—In view of the attitude adopted by the Labour Party with regard to a levy on capital, I should like to ascertain ,how Colonials like myself would be treated in the event of the Labour Party coming into power. I would like to put the following question to the leader of the Labour Party through your columns : If I, a Colonial, subscribe to British loans, shall I be liable to see part of my money confiscated in the event of the Labour Party accepting Government? With reference to British Government stock, I may add that the interest offered is very small compared with the yield on quite safe investments out here, and it is the security and not the interest thqt would tempt capital from this country to England.—I am, Sir, de.,