§ MR. CHARLES McARTHUR (Liverpool, Exchange)To ask Mr. Chancellor of the Exchequer whether he will furnish an estimate of the amount of Customs duty which will, according to the proposed differential duties on tobacco, be payable per pound on imported strips and on strips produced from imported leaf by stripping in this country, respectively, instancing the 627 case of Bright Virginia, and giving the grounds of his estimate.
(Answered by Mr. Austen Chamberlain.) According to the proposed differential duties on tobacco it is estimated that the Customs duty paid on a pound of imported strips of Bright Virginia tobacco
| Bright Virginia Strips produced in this County. | |||||||||
| lbs. | £ | s. | d. | lbs. | £ | s. | d. | ||
| 100 | entire leaf containing 15.85% | 19.43 | Stalks (a) Containing 16.95% moisture became at the rebate standard of 14% moisture— | ||||||
| (a) of moisture @ 3s. per lb. = | 15 | 0 | 0 | ||||||
| Interest 5% for 2 weeks (b) | 0 | 0 | 7 | ||||||
| lbs. | |||||||||
| Interest 5% for 3 weeks | 0 | 0 | 2 | 18.76 standard lbs. @ 3s. 1d. per lb. = | 2 | 17 | 10 | ||
| Contingencies and revenue restrictions @ ½d. per lb. (c) | 0 | 4 | 2 | .67 loss of rebate by excessive moisture on these stalks | |||||
| Total | 19.43 stalks | ||||||||
| 73.97 strips produced (d) | |||||||||
| 4.04 sand loss (e) | |||||||||
| 2.56 moisture loss (f) | |||||||||
| Balance | 12 | 7 | 1 | ||||||
| 100 lbs. | Total | £15 | 4 | 11 | Total 100.00 | Total | £15 | 4 | 11 |
| £12 | 7s. | 1d. | |||||||
| =3s. | 4d. per lb. | ||||||||
| 73.97 |