HC Deb 12 March 1935 vol 299 cc202-3
46. Sir FRANK SANDERSON

asked the Chancellor of the Exchequer whether, in view of the fact that the 1 per cent. stamp duty on deeds of transfer for stocks and shares was imposed as a wartime measure, that the conditions prevailing at that time no longer obtain, and that this high stamp duty is hampering business, he will consider reverting to the pre-war stamp duty of one-half per cent.?

Mr. CHAMBERLAIN

My hon. Friend will not expect me to anticipate my Budget statement.

Mr. MACQUISTEN

"Will the right hon. Gentleman in framing his Budget proposals, take into account the price of whisky and the ordinary commercial principle, which is if you charge too much you do much less business and then you lose?