§ Mr. F. GRAYasked the Chancellor of the Exchequer whether, in the event of a reduction of taxation in respect of certain popular articles of consumption, he will consider the advisability of fixing the wholesale and retail prices of such articles so that both retailers and consumers may, in fact, participate in the benefit of the reduction in taxation?
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§ Lieut.-Colonel BUCKLEYI have been asked to reply. The course suggested would involve the establishment of a system of State control of wholesale and retail prices and distribution, which His Majesty's Government are not prepared to undertake.