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Timber (Growers' Profits)

Volume 101: debated on Wednesday 30 January 1918

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55.

asked the Chancellor of the Exchequer whether growers of Limber who have received for their timber sums two or three times as large as they would have obtained on pre-war prices are liable to Excess Profits Duty; and, if not, whether he will make it clear in his next Budget that they must contribute to the Exchequer a fair share of the increased wealth they have realised owing to the War?

I. would refer the hon. Member to the reply I gave to the hon. Member for Hanley on the lath November last, of which I am sending him a copy.

Will the right hon. Gentleman bear in mind that it is not to the interest of the rural community that urban commercial interests should feel that the former is escaping its share of war taxation?