asked the Chancellor of the Exchequer whether, as a means of stabilising and reducing the cost of living, and thereby bringing about a reduction in the present spate of wage demands, thus assisting in bringing about industrial peace, he will consider in his forthcoming Budget making arrangements for the restoration of food subsidies to the pre-October, 1951, level.

I cannot anticipate my right hon. Friend's Budget statement.

As this is vital to the industrial peace of the country will the Chancellor promise that he will favourably consider the matter?

I cannot add anything to what I have said.

Is my hon. Friend aware that one of the best ways of reducing the present demand for increases of wages would be for hon. Members opposite to stop making misleading statements about the cost of living.