Oral Answers to Questions — Profiteering.

– in the House of Commons am ar 14 Mai 1924.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Walter Baker Mr Walter Baker , Bristol East

43.

asked tie Prime Minister whether he is aware that, from 1913 to 1920, a well-known London retail store paid dividends amounting to 1,633.3 per cent. on its capital, in addition to the distribution, in 1920, of share bonuses equal to 900 per cent. of the capital; and whether he will have regard to this fact when considering the desirability of authorising an inquiry into the alleged profiteering of middlemen and retailers?

Mr. ALEXANDER:

My attention has been called to the statement to which my hon. Friend refers. All the relevant information available will be taken into account in considering the matter mentioned in the second part of the question.

Photo of Mr Walter Baker Mr Walter Baker , Bristol East

In view of the agreement of the Opposition as to the necessity for such an inquiry, may I press the right hon. Gentleman to represent to the Prime Minister the importance of holding an inquiry at the earliest possible moment?

Mr. ALEXANDER:

The Leader of the House has already indicated that the matter is being considered.