New Clause. — (Saving for iron and steel industry.)

Part of Orders of the Day — Supplies and Services (Transitional Powers) Bill – in the House of Commons at 12:00 am on 11th August 1947.

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Photo of Mr Cyril Osborne Mr Cyril Osborne , Louth Borough 12:00 am, 11th August 1947

This new Clause must be taken in the light of the new powers acquired under paragraph (c). With your permission Major Milner I propose to look at it in that light. It has been agreed on all sides that that provision represents new and very wide powers, and we want to know to what extent are these powers going to be used in certain cases. In answer to two questions I put a month ago about production and about targets, the Lord President had the impudence to accuse me of being defeatist. The justification of the whole of this Bill is the economic crisis we are facing. We are agreed on that; but when we reach—