§ MR. LAMBERTI beg to ask Mr. Chancellor of the Exchequer what has been the average number of years purchase of licence value charged for death duty on the passing of licensed houses.
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. AUSTEN CHAMBERLAIN,) Worcestershire, E.The records of the Inland Revenue are not kept in such a way as to enable me to answer this Question. They do not specifically separate the value of the possession of the licence from the rest of the estate.
† See page 10.