§ 70. Mr. G. Straussasked the President of the Board of Trade whether he is aware that there was widespread complaint about the profiteering in toys during the period preceding Christmas; and whether any steps are being taken to punish the offenders?
§ Captain WaterhouseYes, Sir. I understand that some cases of alleged overcharging are already being investigated by local price regulation committees. The Board of Trade will certainly take proceedings in suitable cases.
§ Major LyonsHas the Ministry received any representations about the colossal amount of profiteering?
§ Captain WaterhouseRepresentations are not made to the Board of Trade but to the Central Price Regulation Committee through local committees.
§ Mr. StraussIs the Parliamentary Secretary aware that overcharging was very general and was not confined to just a few cases? There was very serious profiteering.
§ Captain WaterhouseI am aware of that, and no doubt the local price control committees will be sending on their recommendations in due course.