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Post-War Credits (Repayment)

Volume 518: debated on Thursday 22 October 1953

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48.

asked the Chancellor of the Exchequer whether he will now make a further statement regarding the repayment of post-war credits.

No, Sir. This question will be considered by my right hon. Friend when framing his Budget proposals.

Is the hon. Gentleman quite immune to the influence of Margate? Does he intend to flout the democracy within his own party as he does within the country?

I do not think that the stimulating influence of the Margate air was confined to one party in this case.

Cannot the Minister give a definite undertaking about post-war credits—I have no further interest because I have collected mine—and say that instead of paying people over 65 years of age, he will pay off so much every year for the next five or 10 years and get them cleared up?

Are we to take it, therefore, that the Tory Party are not only going to break every Election pledge——

Are we now to take it that the Tory Party intend to break every resolution and every decision come to by their own conference?

It may reassure the hon. Gentleman if he recalls that a short time ago a Conservative Party conference decided to build 300,000 houses.