§ 3. Mr. Croninasked the Chancellor of the Exchequer what non-Departmental advice he has received as to the effect on the revenue arising from a decrease in duties on wines and spirits.
§ Mr. Maurice MacmillanThe Wine and Spirit Association has suggested that a 10 per cent. reduction in the duties 220 would result in a slight increase in revenue.
§ Mr. CroninIs it not a fact that a reduction in these duties would have a very slight effect on Treasury receipts but would, at the same time, produce a decrease in consumer prices in a psychologically important area? Would this not be an appropriate action to take in the present conditions of the wage-cost inflationary spiral?
§ Mr. MacmillanI will note the hon. Gentleman's suggestion, as I am sure that my right hon. has also done.
§ Sir Harmar NichollsWill my hon. Friend take into account my view, as one who has interests in hotels and restaurants with bars, that what his Department regards as a slight improvement would be to the industry a very considerable improvement?
§ Mr. MacmillanI have little doubt of my hon. Friend's special knowledge in these matters, both subjective and objective.
§ Mr. Simon MahonIs the hon. Gentleman aware of the number of my constituents who are sick, elderly and poor who are constantly being advised by doctors that a drop of whisky would do them the world of good? Is there anything that he can do to aid my constituents to come by the necessary at the right time?
§ Mr. MacmillanThis is another aspect of the matter and one which I agree is not unimportant. I will certainly take note of what the hon. Gentleman said.