39. Mr. WATERSONasked 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-THOMSONI 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. WATERSONIs 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?
§ Major MACKENZIE WOODDid not the Government give a definite pledge 18 months ago that a Bill of this kind would be introduced?
Sir W. MITCHELL-THOMSONOn the contrary, a statement was made early in this Session that there was no chance of legislation this year.
§ Major M. WOODWhen that part of the Profiteering Bill which deals with trusts was repealed was there not a definite undertaking that it should be re-enacted?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-THOMSONThe matter is a very difficult one. It is under consideration, as I have said.
Mr. WATERSONI 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?