§ 22. Mr. John Hallasked the Chancellor of the Exchequer what consideration he has given to the possibility of accepting post-war credits in payment of Estate Duty.
§ Mr. P. ThorneycroftI have considered this possibility but do not feel able to adopt it.
§ Mr. HallIs my right hon. Friend aware that there is a great similarity between Estate Duty and post-war credits? Is he aware that Estate Duty is a legalised confiscation and destruction of savings and that post-war credits are compulsory savings which are being fast destroyed by inflation? Would it not be fair to set the one against the other?