HC Deb 18 March 1907 vol 171 cc462-3
MR. WEDGWOOD

I beg to ask Mr. Chancellor of the Exchequer whether his ‡See (4) Debates, clxiii., 675. attention has been drawn to the statement of the chairman of a large London brewery that the value of public-house licences is now between £200,000,000 and £250,000,000, or an annual value of about £10,000,000; and whether he can see his way to recovering for the community by taxation some part of this monopoly value recently presented to the licence holders.

THE CHANCELLOR OF THE EXCHEQUER (Mr. ASQUITH, Fifeshire, E.)

I have not seen the particular statement to which my hon. friend refers, but the whole question of the terms upon which licences are granted and renewed is under the consideration of His Majesty's Government.