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Thursday, 2 August 1906

Sir WILLIAM LYNE (Hume) (Minister of Trade and Customs) . - The recommendations of the Tariff Commission in respect of spirits would, if adopted in their entirety, have involved the Commonwealth in a loss of revenue ranging from £75,000 to £90,000. One reason why the Government have not adopted those recommendations is that we could not afford to lose that amount of revenue. Accordingly, we have raised the import duty upon spirits from 14s. to 15s. per gallon, and we have increased the Excise duty by1s. per gallon, so as to preserve a proper proportion between the two imposts.

Mr Reid - Do I understand that the Government proposals will not involve us in such a large loss as might otherwise arise?

Sir WILLIAM LYNE - They will not involve the Commonwealth in nearly such a large loss of revenue, if, indeed, they involve it in any loss at all.

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