§ Mr. HEPWORTHasked the Chancellor of the Exchequer whether his attention has been called to the fact that the recent Act for the reduction of unemployment passed by the German Government contained a Section providing for the deduction from profits for tax purposes of all expenditure incurred for the purchase of machinery or utensils used in the business and of German manufacture; and whether he will consider the effect of this concession in drawing up his plans for the forthcoming Budget?
Mr. CHAMBERLAINI am aware of the legislation to which my hon. Friend refers, but I can see a great many objections to adopting it in our taxation code. In any ease, of course, I am unable to anticipate the Budget statement.