Industrial Concentration and Retail Trade.

Part of the debate – in the House of Commons on 23rd July 1942.

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Photo of Mr Hugh Dalton Mr Hugh Dalton , Bishop Auckland

Anyhow, places were divided. With regard to the levy, when they came to see me the Association of British Chambers of Commerce pointed out that in the case of prosperous traders paying Excess Profit Tax the Government would in fact make a contribution, and in the case of those paying Income Tax but not Excess Profit Tax the Government would pay half, and that it was only small traders and others making no appreciable profit who would have to carry the whole of the levy themselves. Finally, in this series of consultations I can group together the National Pharmaceutical Union, the Company Chemists' Association and the associations of newsagents, tobacconists and confectioners. They were all bitterly opposed to, and hostile to, the scheme, on the ground that they had a sectional interest and were not to be regarded as part of the retail trade as a whole. They did not wish to come in. The chemists said that they were a specially qualified body performing a public service.