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POLITICAL INTERFERENCE KILLS EXPORTS "THE Tory and Socialist political _parties

5th December 1952
Page 26
Page 26, 5th December 1952 — POLITICAL INTERFERENCE KILLS EXPORTS "THE Tory and Socialist political _parties
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Which of the following most accurately describes the problem?

must be told in definite terms by industry that if the iron and steel industry and the transport industry are to be playthings of politicians, neither party can expect exports of the type of engineering products being made by your companies," said Sir John E. Thornycroft, K.B.E., governing director and chairman of John I. Thornycroft and Co., Ltd., at the company's annual general meeting, last week, "The immediate necessity is long-term stability, to allow of a consistent for ward policy. Our country's survival

• is at stake. This means our standard of living and security," he added.

It should, he thought, be possible for the United Kingdom Government to match the guarantee and credit facilities or other aids given by the West German, Italian and Japanese Governments to their nationals in the export markets.


Organisations: United Kingdom Government

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