§ 55. Mr. Ronald Chamberlainasked the Chancellor of the Exchequer whether he will make a statement on the reports and communications sent to him by the Federation of British Industries, supplemental to that of March, 1948, relating to the subject of price and profit limitation.
§ Sir S. CrippsI have nothing at present to add to the reply given by my hon. Friend the Economic Secretary on 13th May to the hon. Member for the Moseley Division of Birmingham (Sir P. Hannon).
§ Mr. ChamberlainIn view of the very serious situation which the Chancellor made clear to us yesterday, does he not think that a more realistic approach to this problem should now be made, as distinct from the "window dressing" of March last?
§ Sir S. CrippsNo, Sir. I think that the policy of March last has been very successful.