HC Deb 14 April 1902 vol 106 c167

The tobacco revenue is one which should be noticed. The Exchequer receipts from tobacco in the year before last were£12,839,000. Of that, £1,500,000 was due to forestalments and really belonged to the revenue of last year. Therefore, in estimating my revenue from tobacco last year, I put that estimate as low as £11,100,000. But the actual yield to the Exchequer has only been £10,565,000. I am afraid that I cannot say that the revenue from tobacco is a growing revenue, but this year, at any rate, I expect a better yield, because fortunately there were no forestalments this Spring. I think that those gentlemen who attempted it in the previous year a little burned their fingers. We have from tea an increased revenue of £490,000 above my estimate. That concludes my review of the Customs Revenue.