¶John Potts (Laborite) suggested that a tax be imposed on all titles. Stanley Baldwin, Chancellor of the Exchequer, replying, said that the revenue from such a source would not be great and that it already costs a duke nearly $3,500 in duties on creation, or elevation to such rank, while baronets paid something under $1,400. (The grant of Letters Patent alone costs, for a duke $1,625; a marquis, $1,400; an earl, $1,150; a viscount, $930; a baron, $700; and a baronet, $465.)
¶Ronald McNeill, Under Secretary for Foreign Affairs, announced that a strong...
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