Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 23 June 1964.
Mr James Callaghan
Shadow Chancellor of the Exchequer, Member, Labour Party National Executive Committee
12:00,
23 June 1964
Is it not a fact that if this undertaking were not kept through the sale by Rootes of shares to someone else there would be nothing in the Exchange Control Act to prevent Chrysler from purchasing shares and so acquiring control of Rootes?