§ 50. Mr. WATTasked the Prime Minister whether his attention has been called to the fact that a firm of ironbrokers in the city of Glasgow were aware for ten days beforehand of the intention of the Government to fix a minimum price for iron and what that price was to be; and whether he will take any action to prevent such leakage in the future of Cabinet information?
§ Mr. LLOYD GEORGEThe Ministry of Munitions has been in communication for some weeks with the manufacturers of iron and steel in the country with a view to fixing maximum prices for their various products, and the matter has been discussed quite openly. The price depends on a variety of factors, such as the cost of ore, freights and coke, all of which have to be taken into account.