§ 35. Mr. Errollasked the Minister of Food what information he possesses regarding the retail prices being charged for nuts; and what steps he is taking to prevent a further serious rise in prices.
§ Mr. StracheyOwing to the many varieties and the limited quantity of nuts available my Department does not keep records of their retail prices; and I do not propose to control the price of the very small quantity which has just been auctioned.
§ Mr. ErrollAs Brazil nuts are now costing as much as 7½d. per nut, does the Minister intend to do nothing about the matter at all?
§ Mr. StracheyThe supply available, which cannot be replaced for currency reasons at the present time, simply does not justify a control scheme.
§ Mr. AustinIs the right hon. Gentleman aware that auctioneering of walnuts has been catastrophic because it has led to these nuts being entirely out of the reach of the pocket of members of the working class for Christmas?
§ Mr. StracheyI realise the difficulties, but the supply is so limited. There was such a very small stock available, it simply had to be auctioned.
§ Mr. Norman BowerIt is not a fact that the retail price at which these nuts are being sold is three to four times as high as the prices at which the trade offered to sell if they were distributed through them?
§ Mr. StracheyThe trade was not in a position to fix the retail price.
§ Mr. Skeffington-LodgeIs the Minister aware that the pleas for control on the other side of the House are quite out of accordance with their theory of setting the people free?
§ Captain John CrowderCan the Minister say what profit was made out of these sales?
§ Mr. StracheyThere is another Question on the Paper about that.
§ 84. Mr. Norman Bowerasked the Minister of Food if he is yet in a position to state the price paid by the Ministry for the edible nuts in shell recently auctioned, together with the amount realised from the sale, and the profit which the Ministry secured; and if not, when this information will be available.
§ Mr. StracheyOn the information we have at present, the total realisation from the auctions is about £1¾ million, and the profit to my Department about £1¼ million. There are some small residual sales still to be made, but these should not make much difference to the figures.
§ Mr. BowerCan the Minister say whether he intends to continue to exploit the public by making similar monopoly profits in future?
§ Mr. StracheyNo, Sir. This, unfortunately, was the end of the nut supply. What has happened is that we cannot, for currency reasons, replace them today. There is no question of going on with the procedure.
§ Captain CrowderCan the Minister say whether it is the policy of the Ministry to make a profit on the sale of goods in short supply at the expense of the consumer? Is that their policy?
§ Mr. StracheyNo, Sir. The vast majority of the foodstuffs we sell to the 769 consumer are sold at a loss, as hon. Members know—that is the subsidy they have in mind. We were satisfied that there was no practicable and fair method of distribution for this small stock of nuts, except by auctioning them.