STOP PROFITEERING.
TREASURY ' SUSPICIOUS
(Received 10 a.m.)
LONDON, December 20.
The official report of evidence given before the Select Committee on Estimates reveals that the Under-Secretary to the Treasury, Sir Alan Barlow, told the Committee last March that the Treasury had a suspicion that machine tool-makers engaged in the national defence programme were making excessive profits.
This was met r by a blank refusal from those suspected to submit their books to costing. The money involved was pretty considerable and the Government would have to consider taking legislative powers.
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Bibliographic details
Auckland Star, Volume LXX, Issue 301, 21 December 1939, Page 7
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89STOP PROFITEERING. Auckland Star, Volume LXX, Issue 301, 21 December 1939, Page 7
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