§ 40. Sir JOHN SPEARasked the Chancellor of the Exchequer if, in view of the cost of the transfer of land and the consequent hindrance to its easy exchange and transfer, he will consider the desirability of reducing the Stamp Duty payable on such conveyances?
§ Mr. LLOYD GEORGEThe rate of Stamp Duty on conveyances for the transfer of land is a low one, and I do not see my way to propose any reduction in it.