Industrial Production

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 19th March 1959.

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Photo of Mr Frederick Erroll Mr Frederick Erroll , Altrincham and Sale 12:00 am, 19th March 1959

There has, of course, been an increase in service industries and activities and in production which is usefully required. To increase production at a time of a pause in world economic expansion would lead only to a balance of payments crisis and inflation at home.