Part of the debate – in the House of Commons am 11:23 pm ar 30 Mehefin 1947.
The selling price in this country is 25s. 9d. of which the Excise Duty is 18s. 4½d. How is the selling price in the United States made up? The selling price at the moment in the United States varies between 5 and 6 dollars, composed of 5s. to us—the distillers and the manufacturers, Over and above that, 4s. 8d. is paid on insurance, freight and charges of that sort. There has to be paid the sum of 12s. 10½d. in duty—that is, American duty—and the distributors' margin is 18s. 2d. and 12s. 6d. That comes to a price of about 30s., though it varies with different brands. Hon. Members may say that the distributors' margin is too wide. That may be true, and many distributors' margins in many countries are too wide; but I doubt whether there is anything we can do to start reforming the distributive system of the United States of America. [An HON. MEMBER: "We might start on our own."] As the hon. Member says, we might start on our own, and that would be a big enough task. But that is what the American Government consider a fair practice margin, and it is laid down as a fair practice margin in the United States. Therefore, when one accepts a final selling price of 30s. in America, one finds there is nothing we can do about the difference between that and the 5s. price which we get.