Contracts (Control of Prices).

Part of Oral Answers to Questions — Royal Air Force. – in the House of Commons on 17th June 1935.

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Photo of Mr Philip Lloyd-Greame Mr Philip Lloyd-Greame , Hendon

There has been established in the Air Ministry a comprehensive machinery, evolved in consultation with the Treasury, covering the whole range of contracts and providing for the control of prices by technical costings and similar methods. This is, of course, being fully employed. In addition, as the House is aware, the Ministry now have the great advantage of Lord Weir's constant advice, and I hope also to have the assistance of several gentlemen whose past and present experience make them particularly qualified to advise on these commercial and financial questions.