Utility Goods (Prices)

Part of the debate – in the House of Commons at 12:00 am on 3rd November 1949.

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Photo of Mr Harold Wilson Mr Harold Wilson , Ormskirk 12:00 am, 3rd November 1949

The hon. Member is trotting out this particularly hoary one. I think he will realise that the need for the loan, not only for this country but for others, was due to balance of payments difficulties. Will he explain why it was there were so many unemployed and so many bankruptcies when the country had no loan?