§ Sir CHARLES HENRYasked the Secretary to the Treasury whether he will take into consideration, in the assessment of Excess Profits Tax, where partners are doing the work of skilled craftsmen and thereby saving the wages of employés, 1155W that it may be permitted that they deduct the weekly wage prevailing in the trade for such work?
§ Mr. BALDWINThe Excess Profits Duty, being levied only on an increase of profits accruing to the proprietors of a business as compared with the pre-war standard, is equally exigible whether the increase is in part attributable to the services given by the proprietors or otherwise.