HC Deb 20 July 1932 vol 156 cc2267-8
39. Mr. WATERSON

asked the Prime Minister whether the Government are still pursuing their inquiries with regard to the extent and operation of trusts and combines; and whether it is intended to introduce legislation on this subject next Session, having regard to the promise officially given on behalf of the Government early in 1921?

Sir W. MITCHELL-THOMSON

I have been asked to reply. The whole subject is still under consideration, but I cannot give any undertaking as to the introduction of legislation.

Mr. WATERSON

Is the hon. Gentleman aware that this matter has been under consideration for 18 months? When will the Government come to a decision on this question, particularly in view of the fact that the combines' strength in the country is such that they are forcing goods on the community at enhanced prices?

Sir W. MITCHELL-THOMSON

The hon. Gentleman is well aware; that the question is under consideration.

Major MACKENZIE WOOD

Did not the Government give a definite pledge 18 months ago that a Bill of this kind would be introduced?

Sir W. MITCHELL-THOMSON

On the contrary, a statement was made early in this Session that there was no chance of legislation this year.

Major M. WOOD

When that part of the Profiteering Bill which deals with trusts was repealed was there not a definite undertaking that it should be re-enacted?

Sir W. MITCHELL-THOMSON

The matter is a very difficult one. It is under consideration, as I have said.

Mr. WATERSON

I want to put it very plainly. Are we to understand that the apathy of the Government towards this matter is really acquiescence with the continuation of trusts and combines which are fleecing the people?

Sir W. MITCHELL-THOMSON

Certainly not.