Sir Herbert ("Bantam") Austin, maker of sturdy seven-horsepower midget cars, crowed like a full-sized rooster last week over the British Institution of Automobile Engineers of which this year he is President.
Flaying "our excessive British tax on horsepower," which caused him to build and popularize the famed Austin Seven throughout the world. Sir Herbert cried:
"How much this outdated method of calculating horsepower for taxation purposes has cost the British nation in lost export trade it would be impossible even to estimate! Designers are still obliged to...