I know what it was then. We are not discussing 1950, but 1962. One of the first things that the Labour Government did when they took office in 1945, in spite of the financial crisis after the worst war we had ever gone through, was to deal well with Service pay, particularly with old-age pensions, and that hon. Gentlemen opposite will not do.
What is the national position today? The flagrant display of wealth is greater now than at any previous time. Fortunes are made overnight in take-over bids—