18 MAY 1918, Page 11

FARM TENANCIES.

[To THE EDITOR OF THE SPECTATOR."] Sia,—Referring to the letter from your correspondent Mr. C. S. Robinson (Spectator, May Uth), if professional land-jobbers are liable to Income Tax and Excess Profits Duty, the liability is cer- tainly not enforced. Obviously if it were their profits would in many cases be wholly absorbed by taxation, since their business is one which was little practised before the war.—I am, Sir, &e.,