asked the Chancellor of the Exchequer if, by analogy with the recent concession in the case of householders, he will consider the case of the valuation for Estate Duty of agricultural land in possession where the succession is a bona fide transference of a farming interest and instruct district valuers that in such cases they should value on the basis of an agreed period of purchase of the reasonable investment value.

No, Sir.

Is there any good reason for drawing a distinction between one class of property and another?

Well, Sir, that is what has been done. Agriculture has a preference of nearly 50 per cent. at the present time.