asked the President of the Board of Trade why the permitted wholesale profit margin on controlled non-utility woollen cloth is being reduced; and how he intends to ensure that this reduction is passed on to the public and not retained by the tailors.

My right hon. Friend has not yet come to a decision on this matter.

While the hon. Gentleman is making up his mind, will he bear in mind the importance of not merely transferring profit from one section of the community to another?

Certainly.