asked the Chancellor of the Exchequer whether he will indicate the precise area of land in the county of Caernarvon belonging to the trustees of the Penrhyn estate which has been offered to the Treasury in settlement of Death Duties.

This offer is the subject of negotiations now proceeding, and I cannot yet say precisely what area the transaction will finally cover.

Is the Chancellor aware that in these areas of North Wales there is very considerable indignation that the Chancellor should be taking over this land, and that the people are worried lest it should mean an extension of nationalisation without consulting the workers in an industry?

I am sure that they are not at all worried, but would rather have a good landlord.

Has the Chancellor been to this district recently, and does he really understand the innovation?