A reduction of harbour dues, which have weighed very heavily
on fishermen in the herring industry, will cost £30,000 in the present year. Finally, we must mention, as an important part of the Government's development schemes, the increase of the percentage grants for road improvements and construction. For Class I. roads the grant will be increased to 60 per cent., and for other roads to 50 per cent. This, in conjunction with the de- creased taxation on the light popular class of motor goods vehicles, will mean greater freedom for that rapid and cheap local transport which is so stimulating for trade. As the Finance Bill as a whole could not be ready for the Royal Assent before the General Election, there are to be two Bills, the first of which• (containing the necessary revenue clauses) will be passed by the present Parliament.