§ MR. RANKIN (Herefordshire, Leominster)asked Mr. Chancellor of the Exchequer, Whether, under the Budget Resolution No. 7, which places a tax of £5 upon "every horse which shall start or run for any plate, prize, or sum of money or other thing," it is the intention of the Government to enforce this tax upon horses run in hunt or other local races, and which are, for the most part, hunters in the possession of tenant farmers; and, whether the Government have considered the serious blow that such a tax would be to all small country hunt races?
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. GOSCHEN) (St. George's, Hanover Square)No, Sir. The clauses imposing the duty on racehorses will be so framed as to exclude horses competing in races expressly confined to horses regularly and bonâ fide used as hunters, or to horses which are the bonâ fide property of farmers of a particular district or locality, and which have not been trained for the race in any training stable.