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Toolmakers Getting Excessive Profits?

(Received 1 p.m.) LONDON, December 20

The official report of evidence given before the Select Committee on Estimates, reveals that the Under-Secre-tary to the Treasury (Sir Alan Barlow) told the committee last March that the Treasury had a suspicion that 'machine toolmakers engaged in the national defence programme were making excessive profits. This was met 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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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19391221.2.78

Bibliographic details

Northern Advocate, 21 December 1939, Page 6

Word Count
88

Toolmakers Getting Excessive Profits? Northern Advocate, 21 December 1939, Page 6

Toolmakers Getting Excessive Profits? Northern Advocate, 21 December 1939, Page 6