Cocoa(Prices)

Oral Answers to Questions — Trade and Commerce. – in the House of Commons on 24th November 1931.

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Photo of Sir Nicholas Grattan-Doyle Sir Nicholas Grattan-Doyle , Newcastle upon Tyne North

35.

asked the President of the Board of Trade whether he is aware that the wholesale price of Accra cocoa has fallen 40 per cent. between December, 1928, and November, 1931, and that the retail price of certain well-known proprietary brands of cocoa has fallen only 12½ per cent., and the retail price of loose cocoa has fallen only 4 per cent., during the same period; and mill he therefore take action under the Foodstuffs (Prevention of Exploitation) Act, or other similar Act if applicable; and, if none is applicable, will he request a competent body to institute an inquiry and to publish a report?

Photo of Mr Leslie Hore-Belisha Mr Leslie Hore-Belisha , Plymouth, Devonport

The figures mentioned do not, of course, take into account all the factors concerned. Nevertheless I am asking the Food Council to inquire into the matter raised by my hon. Friend.