HC Deb 29 March 1923 vol 162 cc753-4W
Brigadier-General BROWN

asked the Prime Minister whether his attention has been drawn to a scheme approved by the National British and Irish Millers' Association for curtailing the production of flour, by the milling trade as a whole laying up certain mills at an estimated cost of £2,000,000, which it is proposed to be a charge on manufacture, thus reducing the amount of Income Tax and Corporation Profit Tax payable by £000,000 and preventing any prospect of a reduction in the price of flour; and, if so, whether he proposes to take.my action in the matter?

Mr. BALDWI N

My attention has been drawn to a statement in the Press with reference to this scheme. It is not, however, possible for me at present to forecast its effects for the purposes of taxation.