§ 10. Mr. OUTHWAITEasked the Chancellor of the Exchequer whether he will take steps to expedite the land valuation now in progress in view of the need that must arise to find fresh sources of taxation to meet the cost of the War?
§ The CHANCELLOR of the EXCHEQUER (Mr. Lloyd George)I am proposing to complete as soon as it is possible, with the reduced staff available, the valuation of land under the Finance (1909–10) Act, 1910. It is, of course, quite impossible at present to state what taxation the War will render necessary.