§ Mr. Hamlingasked the President of the Board of Trade if he is aware of substantial increases in the price of periodicals which have taken place in the last year; and whether he will ask the National Board for Prices and Incomes to investigate these increases.
§ Mr. JayI am aware that the prices of some periodicals have been increased over the last year. The circumstances of individual publications vary considerably, but, in view of increases in production costs and reductions in advertising revenue over this period, these price increases do not appear to be inconsistent with the policies the Government has been asking industry to follow in determining prices. I therefore do not feel it is necessary to ask the National Board for Prices and Incomes to investigate the prices of periodicals at this time.