THIS DOCUMENT IS TH PROPERTY OF HIS MAJESTY'S GOVERNMENT SECRET L.P. (42) 5. January, 1942. WAR CABINET COPY NO. LORD PRESIDENT'S COMMITTEE AGRICULTURAL PRICES FARMERS' RECEIPTS AND EXPENDITURE Memorandum by the Minister of Agriculture and Fisheries and th Secretary of State for Scotland. The following are our brief comments on paper L.P. (41) 224 which we were asked to supply (L.P. (42) 1st Meeting) 1. 4. 5. 7. 8. ### January, 1941. It sheds little light on the problem of the amount of increase in price needed to meet the Government pledge, in so far as it confirms an estimate of increased wages of 1/4 of £90 million in 1941 or £105 in 1942, e.