§ 3. Mr. DALTONasked the President of the Board of Trade whether he is aware that the retail cost of clothing in this country is still 123 per cent. above the pre-War level, whereas the corresponding percentage increases in the 1003 United States of America, Switzerland, and Germany are only 71, 77 and 74, respectively; and whether, in view of the fact that there has been a decline since last year in the wholesale prices of cotton and wool, which has not been reflected in retail prices, he will investigate the present margins of profit of manufacturers and retailers?
§ The PARLIAMENTARY SECRETARY to the BOARD of TRADE (Sir Burton Chadwick)I am aware of the estimates mentioned by the hon. Member. I understand that the Committee on Industry and Trade are already considering the question of costs of manufacture and distribution in British industry generally, and I doubt if there would be any advantage in undertaking a special investigation into this particular matter.
§ Mr. DALTONIn view of the fact that the very high cost of clothing is one of the chief factors in keeping up the cost-of-living index number, would it not be advisable to have a special and immediate inquiry into this outstanding question?
§ Sir B. CHADWICKAfter giving very careful consideration to the matter, I have said that I do not think that it would be desirable.
§ Mr. MACKINDERIn view of the fact that the Government have costings at all stages, is it not worth while to try to protect the consumer in some way?
§ Sir B. CHADWICKI still find it difficult to vary my answer.