Correspondents include: Donald Fergusson [Private Secretary to the Chancellor of the Exchequer] (2); Sir Horace Hamilton [Chairman, Board of Customs and Excise] (14); James Grigg [Principal Private Secretary to the Chancellor of the Exchequer] (2); Patrick Hannon MP.Also includes: cuttings from papers including the Sporting Life and the Sporting Chronicle; copy of the official report of the House of Lords for the second reading of the betting bill; copy of supplementary notes on betting duty from the Finance Bill 1927.Subjects covered by the file include: 2nd Lord Newton's bill; the number of bookmakers attending race meetings; details of the betting duty yield, gate receipts, Newmarket [Suffolk] sales of bloodstock, and Jockey Club returns; the position concerning bad debts; the effect of the tax on the popularity of the Conservative Party.