§ 9. Mr. Ridleyasked the President of the Board of Trade whether he is now in a position to make a further statement about the control of furniture prices?
§ Mr. DaltonYes, Sir. I signed an Order yesterday fixing furniture manufacturers' maximum net profits and distributors' margins for new and secondhand furniture. The Order also imposes a strict control on hire purchase transactions in furniture. I am advised that the 830 effect of the Order will be to reduce substantially the present high level of furniture prices. I hope before long to follow up this Order by further Orders fixing the prices of utility furniture as this comes into production.
§ Mr. RidleyWould my right hon. Friend be willing, after the Adjournment, to answer a Question stating the effect of the Order to which he has just referred?
§ Mr. DaltonI shall be very glad to do so. By that time I shall be able to assess the effect on prices.
§ Mr. StokesIs my right hon. Friend aware that it is no use merely controlling prices unless he inspects the quality of the stuff used for making furniture?
§ Mr. DaltonPerhaps my hon. Friend has not read in the Press that I have appointed a committee to go into that subject and advise me with regard to it.