HC Deb 09 March 1911 vol 22 cc1713-4W

asked the Chancellor of the Exchequer whether he is aware that agricultural land, including buildings situate in urban districts, is now contributing by way of increased rates for objects from which it derives no benefit and which are only rendered necessary by the requirements of the urban community, and so entail an increase in the rates paid in respect of agricultural land; and, seeing that agricultural land was made liable to make this contribution solely on the ground that it would ultimately benefit by being increased in value, whether, in arriving at values for Increment and Undeveloped Land Duties on land forming part of the same estate and situated in the same urban district, he will arrange that credit at compound interest shall be given for all such contributions?


I am unable to adopt the suggestion contained in the last part of the hon. Member's question.