COMMODITY CONTROLS
ABOLITION IN BRITAIN NZPA—Reuter—Copyright Rec. 9.30 p.m. LONDON, Mar. 23. The president of the Board of Trade, Mr Harold Wilson, said he hoped to abolish all commodity controls except a few essential ones by the end of the year. The only controls still needed were to ensure that Britain received adequate supplies of the furniture, clothing, household linen, and raw materials now scarce all over the world or which Britain bought with scarce currency. Mr Wilson said price controJ would stay, but with “ healthy competition ” prices should tend to fall. He told the House of Commons that the import of tanning materials, synthetic rubber, resin, pine oil, turpentine,' l 'oak veneers and building boards would revert from public to private purchase soon. He hoped to make early progress in the de-control of wool yarn and wool cloth. He said materials for upwards of 100 industries had been freed from quota control since November.
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Bibliographic details
Otago Daily Times, Issue 27038, 24 March 1949, Page 7
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155COMMODITY CONTROLS Otago Daily Times, Issue 27038, 24 March 1949, Page 7
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