§ MR. LEIF JONES (Westmoreland, Appleby)To ask Mr. Chancellor of the Exchequer whether, in view of the difficulties of arriving at the values of licences under Clause 2, Section 2, of the Licensing Act, 1904, he will state whether it is the practice of the Commissioners of Inland Revenue to base the valuation of licensed premises for the purpose of estate duty on the assessment of the licensed premises for the purpose of income-tax; or on the assessment for the publican's licence duty, and what number of years purchase of such assessment is 1093 usually taken for alehouse licences and for ante 1869 on beerhouse licences respectively, or the limits of variation in such number of years purchase in either case; or whether the Commissioners base their valuation on the average yearly takings in the licensed premises; in which case what is the profit assumed on the takings and the average number of years purchase usually taken for alehouse licences and for ante 1869 on beerhouse licences, or the limits of variation in such number of years purchase; or, if none of these bases are taken, whether he will state on what the practice of the Commissioners is based; and whether the Commissioners will publish a Paper showing six actual instances of recent valuations of licensed premises for purposes of estate duty, and explaining the method which was actually taken to arrive at such values.
(Answered by Mr. Austen Chamberlain.) It would not be possible to give any general Answer to the above series of
| 1899–1900. | 1900–1901. | 1901–1902. | 1902–1903. | 1903–1904. | |
| Number of defaulting ryots whose holdings were sold | 10,179 | 14,760 | 10,649 | 7,756 | 4,946 |
| Rs. | Rs. | Rs. | Rs. | Rs. | |
| Amount realized by sale | 191,814 | 270,652 | 152,433 | 133,678 | 97,129 |