Coherent Identifier About this item: 20.500.12592/wqvbs8

STABILISATION POLICY AND CLOTHING PRICES. Memo. by Chancellor of the Exchequer.

3 March 1942

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Summary

4. Of the other items in the Index (rents being already stabilised) far the biggest is Clothing, and clothing prices had risen between the outbreak of war and 1st April, 1941 by 70%, the effect being to raise the number of points in the total Index accounted for by clothing from 25 at the outbreak of war to 45. It was evident that, in order to complete the control of the Index, it was necessary to stop the continuing rise in clothing prices and, if possible, to bring about a reduction. 5. Much was hoped from the introduction of the Clothes Rationing Scheme in June, which it was thought would create the conditions of a buyer's market and so supplement the operation of the new Goods and Services (Price Control) Act.

Tags

retail clothing consumer goods cost of living price controls prices rationing supply price control licensing nationwide lord president's committee hm treasury

Civil Defence Region
Nationwide
Collection ID
CAB71
Document Reference
CAB 71/8/59
Document Types
Memorandum
File Reference
CAB 71/8
Former Department Reference
LP(42) 57
Identifier
10.1080/wtss.cab71.000008.059
Keywords
Clothing
Cost of Living
Price Controls
Prices
Rationing
Language
English
Organizations Discussed
HM Treasury
Lord President's Committee
Pages
4
Themes
Rationing
Supply
Retail
Consumer Goods
Licensing
Price Control

Topics