§ Lieut.-Colonel HENEAGEasked the Chancellor of the Exchequer the amount which would be received by imposing a tax of £2 per ton on foreign-imported newsprint, and a tax of £1 per ton on Empire-imported newsprint?
Mr. CHAMBERLAINNewsprint satisfying certain conditions as to composition and weight is at present exempt from Customs Duty and this exemption is580W guaranteed in certain commercial agreements with foreign countries. It is not possible to forecast what would be the revenue effect of denouncing the agreements and imposing the rates of duty suggested in the question.