24 FEBRUARY 1923, Page 3

The Duke of Bedford's point in his remarks on his

present taxation was a good one. He pays to the Govern- ment 12s. 8d. in the pound. Now this may be right or wrong, but in either case it should be known. But such is our system of taxation that the ordinary man thinks that his richer neighbour, be he Duke or Lloyd Georgian Knight, is paying 5s. in the pound. The fact that a man is paying as a matter of fact over 12s. does materially alter a great many things, such, for instance, as the possibility of a Capital Levy.