§ Sir H. Morris-Jonesasked the Chancellor of the Exchequer whether he will repeal or reduce the Stamp Duty on cheques in order to encourage payment of bills by cheque and thus reduce one of the dangers of inflation?
§ Sir K. WoodWhile my hon. Friend will not expect me to anticipate the contents of next year's Budget, I do not1830W think that a reduction of the Stamp Duty on cheques would make more than a negligible difference to the extent of their use.