HC Deb 03 March 1948 vol 448 cc74-5W
81. Mr. McAdam

asked the Minister of Supply why tin from Malaya is being sold to the U.S.A. at a price only 1½ times dearer than in the pre-war years, particularly when all costs are double, and rice is from five to Do times dearer than in 1938.

Mr. J. Jones

The present price of Straits tin at Singapore is over two and a half times the average price in 1938 and slightly more than twice the average price in 1937. The price of Straits tin is fixed by the Ministry of Supply at what is considered to be a fair and reasonable level in the light of all existing circumstances.