We do not wish to reargue the question here, but
it is worth noting that in order to accomplish a scheme Of this kind it will be necessary to raise at least forty, or probably forty-five, millions a year. We venture to say that the notion of obtain- ing such a sum by direct taxation, even if graduated almost to the point of confiscation, is perfectly illusory, and that the promoters of the scheme will find that the money can only be raised through the adoption of a general tariff, probably involving the taxation of food. The declailition in favour of a vigorous campaign throughout the country during the winter is interesting, for the ground has already been be- spoken for a campaign against the House of Lords. One of the two campaigns will certainly have to give way, for the notion that the country will stand them going On simul- taneously is absurd. We venture to predict that it will not be the Labour Party which will withdraw.
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