§ 62. Mr. E. SMITHasked the Chancellor of the Exchequer whether he will introduce legislation providing for taxation on the lines of the former Excess Profits Duty in order to ensure against excessive profits being made out of the increased expenditure on armaments?
§ Mr. W. S. MORRISONI would refer the hon. Member to the answer given on 12th March to the hon. Member for Wolverhampton East (Mr. Mander).
§ Mr. SMITHCan we have an assurance from the Minister that the pledges given by the Prime Minister will be carried out in the near future?
§ Mr. MORRISONAny pledges given by my right hon. Friend will be carried out, but the hon. Member is asking about Excess Profits Duty, and we do not anticipate that the need for such a duty will arise.