§ Sir A. MARKHAMMay I ask the President of the Board of Trade whether the Price of Coal (Limitation) Bill is retrospective or not, as there is a good deal of misconception in trade circles on the point?
Mr. RUNCIMANIf my hon. Friend means does it apply to existing contracts, it does not propose to tear up existing contracts.
§ Sir A. MARKHAMThen it ought to.