55. Mr. D. WHITEasked the Chancellor of the Exchequer, in view of his expressed lack of belief that money can be obtained by taxing land values, whether he has inquired of the Valuation Department what is the estimated aggregate of the full-site values of the lands of the United Kingdom, as defined and ascertained under the Finance (1909-10) Act, 1910; and if he will state what is the aggregate of the full-site values of the lands within the London area in so far as ascertained?
§ Mr. BONAR LAWAs the hon. Member is aware, the final settlement of large numbers of valuations has had to be postponed until after the War, and none but the roughest estimates could be given of the values referred to.
§ Mr. BONAR LAWNo, I am afraid not. I have the information given to me, but a provisional estimate could only be unsatisfactory.