§ 45 Colonel Sir JAMES REYNOLDSasked the Chancellor of the Exchequer (1) what is the total amount received in Excess Profits Duty from the cotton trade;
(2) what is the amount received in Excess Profits Duty from the cotton trade during the last financial year;
(3) what is the amount of Excess Profits Duty to be collected from the cotton trade still outstanding?
§ The CHANCELLOR of the EXCHEQUER (Mr. P. Snowden)I regret I am unable to furnish the information asked for by the hon. Member in this and his two subsequent questions relating to the incidence of the Excess Profits Duty on the cotton trade. The statistics of the Excess Profits Duty have not been compiled in such a manner as to show the amounts payable, or paid by particular industries and any such classification would necessitate a difficult and costly inquiry that I cannot see my way to undertake.
§ Sir J. REYNOLDSArising out of the lack of an answer on the part of the right hon. Gentleman, may I ask him if he h[...] considered the advisability of [...]any balance of Excess Profits [...] may be chargeable against con[...] 241 are in a very difficult position and unable to raise the money?
§ Mr. P. SNOWDENThat point does not arise in the original Question as put by the hon. Member, but he is perfectly well aware that a great deal of Excess Profits Duty, originally assessed, has been written off.