London, June 27.
Standing firm on the budget proposals to increase the motor-car horse-power tax, Sir John Simon, Chancellor of the Exchequer, in the House of Commons today met critics, who declared that the higher taxes would affect Great Britain's car exports, by offering to consider a new horse-power formula for taxation purposes.
Sir John Simon suggested that the ent formula tended to produce me, the main purpose of which to avoid taxation and which suitable for foreign
Text read from the printed page and cleaned; old type leaves the occasional error.