§ 56. Mr. Craven-Ellisasked the Paymaster-General whether consideration is being given to a policy of maintaining basic wages at the level prevailing at the close of hostilities with a view to preventing prices falling to a depression level after the war?
§ The Paymaster-General - (Sir William Jowitt)The Government are giving active consideration to measures necessary for a policy of stabilisation after the War which would avoid both depression of prices and inflation. In framing such a policy the question of the level of wages is one factor which must be taken into account.