Coal Industry (Borrowing Powers)

Part of the debate – in the House of Commons at 12:00 am on 18 July 1967.

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Photo of Mr John Peyton Mr John Peyton , Yeovil 12:00, 18 July 1967

I would hazard a guess—and I hope that, in the national interest, it will prove true—that it will do nothing to modify its present plans. I believe that to go back to, or keep alive any longer than it must, old-fashioned plant producing from an old-fashioned material would be an expensive mistake.