were required in order to obtain the revenue required. On the advice of Sir Alfred Milner, Chairman of the Board of Inland Revenue, he decided that a toll of the capital wealth left by deceased persons should be taken by the State. He brought all forms of property left by deceased persons into one pool and graduated his tax accordingly. The effect of this revolutionary new duty can be clearly seen to-day in the reduction of the estates of many rich landowners whose property at death is sometimes cut down to half of its former value. After the overthrow of this Parliament Sir William was never again among the leading politicians, though he did on several occasions make fine speeches attacking Government policy. In 1904, just after he had announced his intention not to seek re-election to Parliament, he succeeded, on the death of his nephew, to the family estates at Nuneham. In October of the same year he died there. Throughout his life Sir William was a great personality in the political life of England, and Peterites (whatever their views on the vexed question of the equity of his famous death duties!) may well be proud of his prominence as a national figure. G. D. Jefferson.
J.T.C. NEWS. This term 2nd Lt. K. H. Rhodes took command of the J.T.C., and he at once set about improving the organisation and parade discipline. Instead of numbering the platoons 1, 2 and 3, he made the Company realise the existence, if imaginary in this case, of a headquarter Company, by numbering them Platoons 7, 8 and 9 and Recruits. His enthusiasm did not stop here, however, for he at once gave his attention to parade ground discipline and etiquette, especially among the N.C.O.s. By the end of term discipline on parade had improved beyond all bounds, and we hope that by the General's Inspection it will be perfect! On January 30th the contingent was inspected by Colonel S. J. Worsley, D.S.O., M.C., T.D. (Inspector of Training Corps) on behalf of the War Office. The object of his inspection was to see the Company doing its normal routine training, and so there was no ceremonial parade. After watching the various platoons in training he gave a short and helpful address in which he declared that he had seen 28