Clause 33. — (Increase of Investmeni Allowances.)

Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 21st May 1963.

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Photo of Mr Edward Du Cann Mr Edward Du Cann , Taunton 12:00 am, 21st May 1963

As the hon. Member for Grimsby (Mr. Crosland) said, we have had an interesting debate. Apart from the general interest in many of the points that have been raised today—and I will do my best to reply to them—I think that our discussion has been remarkable for two special reasons: first, the hon. Member for Dunbartonshire, East (Mr. Bence) said that he thought that whisky was a waste. He is the first Scotsman I have ever heard say anything of the sort—[An HON. MEMBER: "He is not a Scotsman."] Perhaps that accounts for his remark. Secondly, there was a passage in the speech of the hon. Member for Grimsby which indicated his love-hate relationship with the wealth tax. I appreciate that that hon. Member is most anxious to get off the hook, as it were, in regard to the wealth tax matter, although I do not think that he will be able to do that by consistently quoting the N.E.D.C. Reports.