PRICE CONTROL IN THE TRANSITION PERIOD: PROPOSED AMENDMENT OF THE GOODS AND SERVICES (PRICE CONTROL) ACT, 1941.: Memorandum by the President of the Board of Trade.

to be continued and even extended, there will be strong pressure to relax restrictions on type and variety. In many industries, such as enamelled hollow-ware, radio sets and pottery, an increasing supply of labour and materials and the needs of the export trade will, in due course, make such relaxations desirable. Secondly, it will be necessary to apply more effective price control to many goods required by those setting up homes, such as wallpaper, carpets and domestic appliances. Supplies of such goods have, during the war, been insignificant, and they are now subject either to very loose price control or to none at all.