HC Deb 02 July 1936 vol 314 cc600-1
34. Mr. WOODS

asked the Minister of Health whether his attention has been called to the large and increasing profits made by manufacturers of cement; and whether he will take steps to ensure that competitive prices are secured in connection with the slum clearance schemes now under consideration?

Sir K. WOOD

It is the duty of the Prices of Building Materials Committee to report particularly as to the extent to which in any case the price of building materials appears to be unduly high by reason of the operation of any trade combination, trust, or agreement. I understand that, although they have had cement prices under review, they have not found it necessary to make any such report. In December last cement manufacturers announced their decision to reduce cement prices by an average of not less than 2s. per ton throughout the country, partly in view of Government expenditure on, housing and slum clearance, and this reduction is now in force.

Mr. WOODS

Is the Minister aware that even when the reduction to which he has referred has taken place, the cement companies which have a monopoly, are making substantial profits; and that they could sell at lower prices as is demonstrated by the fact that cement of similar quality to that sold on the English market, is exported to Continental users at a price which is shillings per ton cheaper than the price charged to the home users?

Sir K. WOOD

This matter was recently inquired into by the appropriate committee, and, as the hon. Gentleman realises, it is a matter for them.

Mr. LOUIS SMITH

Does the right hon. Gentleman not consider that the price level of cement compares very favourably with that of other building materials in this country, especially having regard to the increase in wages which has taken place?

Mr. WOODS

Is the Minister satisfied that the committee to which he has referred is doing its work satisfactorily, in view of the facts which I have given him?

Sir K. WOOD

I think the committee is a representative one and is carrying out its duties to the best of its ability.

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