It may be recalled that on February 17, Sir Donald MacLean, leader of the Liberals in the House of' Commons, moved an amendment "to extend the scope of the Government's inquiry into the practic. ability of a tax on the war-time increases wealth, and the practic ability of a levy' on capital for the reduction of the National Debt." Mr. Austen Chamberlain, Chancellor of the Exchequer, spoke strongly against the idea of a levy on capital as tending to react "in-
Text read from the printed page and cleaned; old type leaves the occasional error.