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Friendly Societies And The Taxation Of Land Values

Volume 180: debated on Thursday 15 August 1907

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I beg to ask the Prime Minister whether he has received a resolution from the delegates of the Hearts of Oak Benefit Society, representing more than 300,000 members, requesting the Government that when they deal with the question of taxing land values they will take into consideration the desirability of exempting friendly societies from the operation of such Act; whether he is aware that many other friendly and building societies hold large investments in land values; and whether he can give any general assurance which will remove the alarm that has been created by the proposals made by some of his supporters.

THE PRIME MINISTER AND FIRST LORD OF THE TREASURY
(Sir HENRY CAMPBELL-BANNERMAN, Stirling Burghs)

No, Sir, I have not received the resolution in question. I shall always be glad to give any assurance in my power which may tend to remove alarm in whatever quarter it may exist; and my hon. friend is quite free to make it known that His Majesty's Government will endeavour in this and other matters to act with justice and consideration.