HC Deb 15 July 1931 vol 255 cc446-7
32. Mr. WELLOCK

asked the Minister of Transport whether, with respect to loans to electricity undertakings on special terms, it is a condition that British materials only shall be used; and whether any steps are taken to see that excessive prices are not charged for such materials?

Mr. HERBERT MORRISON

When financial assistance is given by the Government towards the carrying out of schemes by electricity or other undertakings it is a condition of such assistance that, so far as practicable, British materials only shall be used. Exceptions to this rule may, however, be made with the permission of the appropriate committee, and in giving or withholding such permission the committee would have regard to the desirability of securing that excessive prices were not charged for such materials.

Mr. WELLOCK

Is my right hon. Friend aware that many of the firms producing these materials are paying from 15 to 35 per cent., and will he not inquire into that aspect of the question?

Mr. MORRISON

As I have indicated to my hon. Friend, that aspect of the matter is kept in mind according to the particular circumstances of the case.