HC Deb 07 May 1877 vol 234 cc476-7

(Mr. Raikes, Mr. Chancellor of the Exchequer, Mr. William Henry Smith.)

COMMITTEE. [Progress 3rd May.]

Bill considered in Committee.

(In the Committee.)

MR. BIGGAR

said, that, as the hour was late, he would move that Progress be reported.

Motion made, and Question proposed, "That the Chairman do report Progress, and ask leave to sit again."—(Mr. Biggar.)

MR. A. H. BROWN

objected to the Motion.

MR. PARNELL

thought they should know how late they were expected to stay discussing that Bill. There were several Amendments on the Paper, and it was not possible to foresee how long the discussion would continue. If there was any idea of going on to half-past 1 or 2 o'clock, he would rather at once protest now than make the stand later.

THE CHANCELLOR OF THE EXCHEQUER

pointed out that, as he had promised to accept the Amendment on the Paper of the noble Lord opposite (Lord Frederick Cavendish), and was willing to accept that of the hon. Member for Gloucester (Mr. Monk), which involved only a small amount of revenue, there was not likely to be any difference of opinion except on the Amendment of the hon. Member for Wenlock (Mr. A. H. Brown). He hoped, therefore, the hon. Member would not press his Motion to report Progress.

MR. COURTNEY

said, it was not his intention to move his Amendment.

Motion, by leave, withdrawn.

Clauses 8 to 12, inclusive, agreed to.

Clause 13 (Payment into Exchequer of surplus interest from Post Office Savings Banks Fund).

On the Motion of Lord FREDERICK CAVENDISH, Amendment made in page 6, line 7, after "expenses," by inserting— Including a sum to be determined by the Treasury to provide against depreciation in the value of the securities. Clause, as amended, agreed to.

Remaining clauses agreed to, with Amendments.

SIR JOSEPH M'KENNA,

thinking that the remainder of the Amendments on the Paper required a fuller discussion than they were likely to receive, would move that Progress be reported.

Motion made, and Question put, That the Chairman do report Progress, and ask leave to sit again,"—(Sir Joseph M'Kenna.)

The Committee divided:—Ayes 8; Noes 167: Majority 159.—(Div. List, No. 116.)

MR. A. H. BROWN

moved in page 3, after Clause 9, to move the following Clause:— (Extension of exemption of s. 11, 32 and 33 Vic. c. 14.) The exemption enacted by the eleventh section of the thirty-second and thirty-third Victoria, chapter fourteen, shall be extended to any tenement or part of a tenement occupied as offices or counting-houses for the purpose of exercising or carrying on any profession, vocation, business, or calling, by which such person or persons shall seek a livelihood or profit within the meaning of the Act of the fifth year of the reign of George the Fourth, chapter forty-four, section four.

THE CHANCELLOR OF THE EXCHEQUER

was sorry he could not accept the Amendment, on account of the sacrifice of revenue it would involve and the increased difficulties to which it would give rise.

MR. HERSCHELL

strongly supported the proposed clause.

MR. J. G. HUBBARD

observed that not one farthing of the old revenue would be lost by the adoption of the Amendment.

Amendment negatived.

House resumed.

Committee report Progress; to sit again To-morrow.

House adjourned at a quarter before Two o'clock.