Orders of the Day — Hydrocarbon Oil Duties (Temporary Increase) Bill

Part of the debate – in the House of Commons at 12:00 am on 10th December 1956.

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Photo of Mr Patrick Gordon Walker Mr Patrick Gordon Walker , Smethwick 12:00 am, 10th December 1956

They are leery well known. I should have thought that the hon. Member for Kidderminster (Mr. Nabarro) would know at least one of them.

The Chancellor should drop his petrol tax and take proper measures to gear the economy to the needs of the nation. When we strip away all the right hon. Gentleman's metaphors and oratory, what has he done to give the country a lead in facing this very grave economic crisis? He has done only two things. He has made the rather unwise decision to beg the United States to grant a waiver of interest, and he has introduced this petrol tax, which is irrelevant, unfair and harmful to the economy. We do not regard these measures as being good enough. They do not measure up to the needs of the times. We shall, therefore, oppose the Second Reading of the Bill, and do our best to amend it and render it less harmful in Committee.