COMMONWEALTH (British Commonwealth of Nations)
House of Lords. By a majority of 42 the House carried a motion declaring the taxation of betting to be desirable and practicable. Lord Newton, moving the resolution, declared that the betting industry was firmly established, representing an annual turnover of £200,000,000 (roughly, a billion dollars). Lord Arnold, speaking for the Government, which has refused to have anything to do with the proposal, said that the financial credit of the country would be hurt when the existence of the tax became known. The bill is technically opposed...
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