###HIS DOCUMENT IS THE PROPERTY OF HIS BRITANNIC MAJESTY'S GOVERNMENT). SECRET. L.P.(40) 26. COPY NO. 3RD AUGUST, 1940. WAR CABINET. LORD PRESIDENT'S COMMITTEE. AGRICULTURAL PRICE POLICY. Memorandum by the Minister without Portfolio. (Reference L.P.(40) 5th Conclusions, Minute 1(3)). 1. At its meeting on the 25th June, the Lord President's Committee, having authorised a new schedule of agricultural prices for the season 1939-40, invited me:- (a) to submit at the earliest possible date a report showing:(i) the extent to which it will be possible to ensure that the increased prices now authorised are borne by the distributive trades, thus avoiding an increase in the cost of living; (ii) the extent to which, if this is not possible, it must be expected that either an increase in the cost of living or the grant of new or increased subsidies from the Exchequer will be inevitable, and the amount of such increase in the cost of living or such subsidies; (b) to investigate the practicability for the 1940-41 season of an alternative scheme by which:(i) the prices of agricultural products would be fixed at substantially lower levels than those now authorised for the 1939-40 season, the criterion to be adopted being the cost of production on land which, prior to the outbreak of the war, it was profitable to farm; (ii) some special form of incentive would be provided to ensure the utilisation of the marginal or sub-marginal lands required to be brought into production in order to secure the carrying through of the Government's wartime food production policy.
- Civil Defence Region
- Nationwide
- Collection ID
- CAB74
- Document Reference
- CAB 74/4/45
- Document Types
- Memorandum
- File Reference
- CAB 74/4
- Former Department Reference
- FP(M)(40) 112
- Identifier
- 10.1080/wtss.cab74.000004.045
- Keywords
- Agricultural Production Agriculture Animal Feed Bacon Beef Bread Butter Cattle Cereals Cheese Civil Consumption Cost of Living Dairy Distribution Eggs Farmers Fertilisers Flour Food Supplies Imports Labour Supply Land Usage Livestock Material Supplies Meat Milk Oats Overseas Trade Pigs Ploughing Pork Potatoes Price Controls Prices Rationing Retail Sheep Sugar Tea Vegetables Wheat
- Language
- English
- Organizations Discussed
- Food Policy Committee Interdepartmental Committee on Food Prices Lord President's Committee Sub-Committee on Agricultural Prices
- Pages
- 13
- Published in
- United Kingdom
- Series
- Papers 70(40) - 182(40)
- Themes
- Rationing Supply Agriculture Food Supply Licensing Price Control
