TAX FOR TAX

Dominion, Volume 29, Issue 201, 22 May 1936, Page 11

TAX FOR TAX

Britain and Dominions Trade DEBATE IN COMMONS Member Urges Retaliation Threat By Telegraph—Press Assn. —Copyright. (Received May 21, 7.50 p.m.) London, May 21. During a general debate on the Finance Bill in the House of Commons. Mr. G. Lambert (Nat. Lib.. South Melton) urged the Government not to neglect agriculture. The Dominions had said "You can rely on us,’’ but the Dominions were not philanthropists and would get all they could for their products. Mr. Lambert asked the Government to use tariffs if necessary against the Dominions and to sny ; “R F on tax our manufactures we will tax overseas foodstuffs.” Sir Alan Anderson (Con., City of London) believed the time was coming when the world would be ready to make a combined effort for the restoration of international trade. Mr. Neville Chamberlain, Chancellor of the Exchequer, agreed that British taxation was at a high, even undesirable, level, but he was afraid that high taxation was going to be an unavoidable evil for some time to come. Expenditure was continually mounting and, moreover, lie accepted the principle that trade prosperity came in cycles. “We must anticipate the time when trade activity will diminish instead of increasing as at present,” he said.