§ SIR MORTON PETOsaid, he wished to ask Mr. Chancellor of the Exchequer, If it is contemplated to allow the Drawback of Duty on Paper, as proposed last Session?
THE CHANCELLOR OF EXCHEQUERsaid, it was the intention of the Government to adopt as nearly as might be the same regulations with respect to the drawback of duty on paper as those contained in the Bill of last Session—that was to say, that there was to be a partial drawback at the rate of a penny a pound, upon all paper in stock up to a certain day, and that the whole of the drawback was to be allowed on paper made subsequently to that day. He would very shortly be able to state what that day was to be; but the principal and the general substance of the arrangement would be as nearly as possible the same as those that were embodied in the Bill of last Session.