-A CAPITAL LEV Y AND THE DOMINIONS. [Ta este EDITOR.
OF THE " SPECTA'FOR."] SIR,—As I was entrusted by- the Labour Party -with drawing up their Official pamphlet on.-the..proposed levy on capital, perhaps I may be allowed- to reply to the -question put by "P. C. W." from Bulawayo, relative to his liability to the capital :levy if the: Labour. Partyrwere returned to power. It is not-proposed that-- the .eapital• levy should be imposed on holders of -War Loan as such; whiclr.would .be tantamount to a partial-repudiation; but-on all the wealth of the citizens of Great-Britain and those:domiciled in this country, for it is these persons -who are, in any event, responsible collectively for the .debt. As, 'therefore, " P. C. W." is presumably'a citizen -of:South Africa -and .not.-domiciled here,- he would not be subject to the levy.—I-am, Sir, .&c., F. W. PETHICK LAWRENCE.
11 Old Square, Lincoln's Inn, TV.V: 2.
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