In my constituency there is the urban district council of Whitley Bay, which is part of the Parliamentary borough of Tynemouth. In the bounds of that local authority there are more than the average number of retired people. There live there retired men of the sea, Merchant Navy men and fishermen, railwaymen, bank clerks, insurance clerks and, of course, a large number of teachers, nurses and civil servants; in addition to which there is a large number of women, both widows and spinsters, with small savings, who live there because it is their own part of the country where they have either earned their livelihood or been brought up.
I feel that this section of the community has suffered most through the six years of Socialism. Socialist finance has for them increased the cost of living, and therefore the problems of life. So far as at any rate one section of the community is concerned—that section which through purchase owned its own houses—on the income that kept them happy in their own homes prior to the outbreak of the war it is now almost impossible for them to live at all, and for them Socialism and Socialist finance have proved to be a disaster.