HC Deb 14 November 1916 vol 87 c581
70. Mr. LYNCH

asked the Prime Minister whether, in view of the possible prolongation for a long period of the financial strain, he will consider the advisability of legislation tending to what is known as conscription of wealth in this country?

Mr. BONAR LAW

I have been asked to give the reply of my right hon. Friend. I have already had occasion to point out in reply to a similar question that considerable steps have already been taken in this direction, since the outbreak of war, by means of heavy increases in direct taxation. For the present, I am unable to anticipate what further financial measures it may be necessary to adopt during the War.