§ 65. Mr. D. GRENFELLasked the Chancellor of the Exchequer whether he is aware that it has been calculated that a reduction of the horse-power tax on motor-cars by one-half would mean such an increase of employment that the loss of revenue would be more than compensated by the relief of unemployment; and whether he will consider the proposal?
§ Mr. HORE-BELISHAI have not seen the calculation; nor do I know upon what hypothesis it is based.
§ Mr. GRENFELLHas the Financial Secretary read a report of the speech made by the Chairman of Singers in which he elaborated this proposal? Will he accept a copy of that speech?
§ Mr. HORE-BELISHAI shall be glad to accept any gift from my hon. Friend.