§ I must not conclude my survey without again reminding the Committee that the total paid into the Exchequer, that is to say, £143,978,000, does not represent the whole income collected by the State in 1905–6. You must add the sums intercepted from Customs, Excise, and estate duties and handed over to local taxation accounts, amounting to £9,901,000, which brings the total revenue of the year up to £153,878,000. Before I part from this subject I must for myself say emphatically that I regard this procedure of the inter- 284 ception and earmarking of particular Imperial taxes for local purposes as in its nature fallacious and misleading. It complicates and confuses the national accounts, and urgently calls, as do all the relations between Imperial and local taxation, for prompt and thorough review.