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16 June, 1911.] Double Income Tax. Day. Mr. LLOYD GEORGE : I should like to consider that more carefully before giving an answer. That seems to me a different proposition and a thing we might very well consider. I will consider that very carefully, and I will let General Botha know, and probably the same thing applies to New Zealand. I can inform the Prime Ministers of South Africa and New Zealand upon that subject before they leave this country. Dr. FINDLAY : It might be well to have it clear what is suggested. Supposing the rate be the same in each country, what is to be done ? Mr. LLOYD GEORGE : Then that wipes out the income tax altogether in the country where the investor is not resident. I think the point is worth considering. Mr. PEARCE : I have nothing to say. Sir E. MORRIS : I say nothing upon this. Mr. LLOYD GEORGE : I could not possibly accept the Resolution just now in this form. The PRESIDENT : What do you say, Sir Joseph ? Sir JOSEPH WARD : In what form could it be accepted ? If I left out the last two lines, would it be accepted then ? Mr. LLOYD GEORGE : No, I do not think I can accept this Resolution at all. Sir JOSEPH WARD : I have done what I considered to be my duty in directing attention to the matter, but in view of the difficulties, from the point of view of the .Chancellor of the Exchequer, that were presented to the Sub-Conference and again have been presented to the Conference to-day, and as the Resolution cannot be put into operation except with the concurrence of the Home Government, I withdraw it. ' Mr. LLOYD GEORGE : I think it would be more desirable. General BOTHA: Ido not quite follow. Do you withdraw your Resolution ? Sir JOSEPH WARD : Yes, in view of the fact I have mentioned, it is not possible to put the proposal into operation even if a majority here agreed to pass it. Mr. LLOYD GEORGE : I will give my answer on the suggestion General Botha makes later on, apart from this Resolution altogether. Sir JOSEPH WARD : Will you give the answer to the Conference ? With all deference to General Botha, I think you will find it more difficult to carry into effect the new proposal than the other suggestion. Mr. LLOYD GEORGE : Yes, it is a new proposal and I have not had time to consider it. Sir JOSEPH WARD : Can you give the answer to the Conference ? Mr. LLOYD GEORGE : Yes, I could on Monday or Tuesday give you an answer. The PRESIDENT : Even if not done in the Conference I will see it is communicated to you at the earliest possible moment. Do you wish to withdraw your Resolution, General Botha ? General BOTHA : Is it not better that it should stand now ?