The Archive · 1929

The Price of Oil England

Premier's Policy on Supply of Articles of Common Use London, Mar. 21.

In the House of Commons to-day, replying to a question asked by, Commander the Hon. J. M. Ken Worthy, Labour MP, for Hull, Sir Philip Cunliffe-Lister, President of the Board of Trade, said that the Government was considering the Tong statement received from the Anglo-Amerienn, Anglo-Persian and Shell-Mex oil companies justifying the recent increase in the price petroleum products, The President of the Board of 'Trade cited the opinion recently expressed by the Premier, Mr, Bald in, that undertakings "dominating the' supply and distribution of articles of common use ought to supply on reasonable terms. This said, was equally applicable to future as to present elreumstances.

Subject to that policy, the Preident of the Board of Trade stated that the Government did not intend to attempt to interfere in the com= mercial policy of the various oil

Text read from the printed page and cleaned; old type leaves the occasional error.

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