1. There is evidence to show that the Government policy of stabilising prices and its implications - framed with a view to avoiding the budget and other evils of inflation - is not generally understood and it may be well, therefore, to re-state the considerations bearing upon this policy. 2. Our shipping difficulties and the diversion of economic resources at home to the production of war material have already considerably reduced the supply of consumers' goods. When the Chancellor of the Exchequer introduced his budget this year, it was estimated that, with the then existing levels of taxation and saving, there would in 1941/42 be a gap of about £500 m.
- Civil Defence Region
- Nationwide
- Collection ID
- CAB71
- Document Reference
- CAB 71/4/14
- Document Types
- Memorandum Other
- File Reference
- CAB 71/4
- Former Department Reference
- LP(41) 87
- Identifier
- 10.1080/wtss.cab71.000004.014
- Keywords
- British Economy Civil Consumption Clothing Coal Consumer Goods Cost of Living Electricity Food Supplies Freight Shipping Fuel Gas Inflation National Budget Price Controls Prices Public Statements Rationing Subsidies Taxation Transportation Wages
- Language
- English
- Organizations Discussed
- HM Treasury Lord President's Committee
- Pages
- 3
- Published in
- United Kingdom
- Series
- Papers Nos. 76(41) - 158(41)
- Themes
- Domestic Life Rationing Supply Wages Cost of Living Licensing Price Control
