Oral Answers to Questions — Chancellor of the Exchequer (Speech)

– in the House of Commons at 12:00 am on 1st March 1966.

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Photo of Mr Donald Box Mr Donald Box , Cardiff North 12:00 am, 1st March 1966

asked the Prime Minister whether the Chancellor of the Exchequer's public speech to the Cardiff Fabian Society on Friday, 14th January, 1966, about the import surcharge, represents the policy of Her Majesty's Government.

Photo of Mr Donald Box Mr Donald Box , Cardiff North

Does this mean that the Government have abandoned their warnings that the so-called "temporary" surcharge should not be used as a protective tariff by industry in the future?

Photo of Mr Harold Wilson Mr Harold Wilson , Huyton

My right hon. Friend's speech was mainly about the interesting subject of leasehold, but he referred in the course of the speech to one Cardiff firm which had shown great success in building up its efficiency which would enable it to compete without the help of the surcharge. Like my right hon. Friend—indeed, I said this when the surcharges were imposed—I believed that there always was a danger that some people would regard this as "feather bedding". I think that my right hon. Friend's example was a good one—that of somebody being enterprising about it.