HC Deb 06 March 1924 vol 170 cc1597-8
48. Mr. BECKER

asked the Prime Minister if he will set up a committee to inquire into and report on the operations of trusts, rings, and co-operative societies in this country with a view to reducing the cost of necessities of life to the people?

The PARLIAMENTARY SECRETARY to the BOARD of TRADE (Mr. A. V. Alexander)

The hon. Member's suggestion as to trusts and rings will be considered, but he will be aware that several committees in recent years have inquired into the operations of trade combinations.

Mr. BECKER

Might I ask the hon. Gentleman whether the Labour party does not consider it, for the moment, good policy to attack rings and trusts?

Mr. ALEXANDER

I would refer the hon. Gentleman to the answer given last week to another question, that the whole matter is under consideration.

Mr. BECKER

Will the inquiry include co-operative societies?

Lieut.-Colonel JAMES

Will the inquiry deal with societies in restraint of trade?

Mr. ALEXANDER

Certainly; but it does not follow that all the societies mentioned in this question are in restraint of trade.