HC Deb 08 May 1939 vol 347 c32
66. Mr. Riley

asked the Chancellor of the Exchequer when he proposes to introduce legislation to limit the profits of firms engaged mainly in armament production, as promised in the Resolution of the House of 27th April on compulsory military training?

The Financial Secretary to the Treasury (Captain Crookshank)

An early opportunity will be taken to introduce the necessary legislation as soon as the scheme has been completed, but I cannot at present name a date.

Mr. Thorne

Are the Government considering the advisability of having Government auditors in every one of these establishments so as to find out the amount of profits made?

Captain Crookshank

That is another question.

Mr. Riley

Is the right hon. and gallant Gentleman aware that the Prime Minister announced, when introducing the Resolution in connection with military training, that he would submit a proposal for the taxation of all armaments profits? May I ask why that proposal was not made at the same time as the Military Training Bill was introduced?