Budget Proposals

Part of the debate – in the House of Commons at 12:00 am on 13th March 1952.

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Photo of Mr Anthony Crosland Mr Anthony Crosland , Gloucestershire South 12:00 am, 13th March 1952

I quite agree with what my hon. Friend says in the case of the United States in particular, which as he well knows, is only a tiny part of out non-sterling markets as a whole. I entirely agree that, of course, we shall find difficulties, particularly in American markets. What I am suggesting is that that should be the aim of our economic policy. It may not be 100 per cent. successful, but it should be the aim of our export policy this year.

All that the Budget does is to make for a less equal distribution of income than before, just at a time of national crisis, when the whole emphasis ought to be on equality and fair shares. Most hon. Members on this side will say that this is the sort of first Budget which they expected from a Tory Chancellor, but it is none the more agreeable for not coming as a surprise.