The Marquess of Chandosasked the Chancellor of the Exchequer when it was probable that he would announce his plan for the relief of the agricultural interest?
The Chancellor of the Exchequer:In answer to the question proposed by the noble Marquess, must repeat what he had stated to many Gentlemen—namely, that with respect to all matters relating to the remission of taxes and fiscal regulations, it was better, that he should make a full statement of his intentions on the subject at the earliest possible period after the termination of the financial year, when he should know with sufficient accuracy for practical purposes, what would be the amount of the demands for the public service, and what the probable amount of surplus. This statement he expected to make early in the next month, which would allow hon. Members who might object to the views he might then lay before the House sufficient time to adopt what course they might think advisable. The House would recollect that it was only in December that he had assumed his duties, and taking into consideration the manner in which he had since then been occupied, it really was but fair that he should have time to make up his mind upon several important points connected with the finances of the country. He thought that he should best consult the public interest by declining to make any premature disclosures.