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20.500.12592/g8677t

PRICE STABILISATION. Memo. by Economic Section of War Cabinet Secretariat.

29 May 1941

increased difficulty of coastal shipping and of obtaining supplies from the Midlands. If prices were allowed to rise to cover the increased cost some diminution of consumption would probably take place and the pressure on our resources would be correspondingly decreased. If prices, however, are prevented from rising, or if the relative level of prices of coal in different areas is not allowed to change, the consumer will have no incentive to modify his demand. Therefore if our resources are not to be used wastefully the cut in consumption must be imposed by administrative action.
subsidies coal electricity cost of living petrol imports milk price controls prices rationing raw materials supply timber vegetables wages fuel price control licensing dairy food supplies british economy overseas trade civil consumption nationwide reserve stocks freight shipping lord president's committee economic section of the war cabinet secretariat
Civil Defence Region
Nationwide
Collection ID
CAB71
Document Reference
CAB 71/4/10
Document Types
Memorandum
File Reference
CAB 71/4
Former Department Reference
LP(41) 83
Identifier
10.1080/wtss.cab71.000004.010
Keywords
British Economy Civil Consumption Coal Cost of Living Dairy Electricity Food Supplies Freight Shipping Fuel Imports Milk Overseas Trade Petrol Price Controls Prices Rationing Raw Materials Reserve Stocks Subsidies Timber Vegetables Wages
Language
English
Organizations Discussed
Economic Section of the War Cabinet Secretariat Lord President's Committee
Pages
4
Published in
United Kingdom
Series
Papers Nos. 76(41) - 158(41)
Themes
Rationing Supply Wages Cost of Living Licensing Price Control

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