MR. GIBSON BOWLESI beg to ask the Chancellor of the Exchequer whether the charge of Estate Duty imposed by the Finance Bill will be deducted from the principal value of unsettled real property passing by a death before the charge of Succession Duty is levied theron, or whether the Succession Duty will be chargeable on the whole principal value without any deduction being made there from for the Estate Duty; and whether in the case of settled real estate, the Estate Duty will be chargeable upon the total principal value of the estate, and the further Estate Duty of I percent, also on the total principal value of the estate without any deduction therefrom of the Estate Duty, and finally the Succession Duty also on the total principal value without any deduction therefrom of the Estate Duty and the further Estate Duty?
§ SIR W. HARCOURTThis is a point receiving my serious consideration, and if the hon. Member will postpone his question for a few days I shall be able to give him a more complete answer.