Churchill speaking at Wolverhampton with regards to Conservative policy.
CU. Lord Woolton listening. Winston Churchill speaking. 'The more this process continues, the more will the trade union movement in our country become truly national. CU. Mr Leslie Hore-Belisha listening. SCU. Churchill walking up to mike. MV. Lord Woolton sitting down and Churchill rising to speak. MS. Churchill on rostrum acknowledging cheers. MS. Crowd waving and cheering. CU. Head and shoulders of Churchill. LS. Looking over Rostrum towards battery of cameras. CU. Man type in audience. MS. Audience. CU. Head and shoulders of Churchill. LS. Pan over waving crowd. MS. Applauding crowds ( 6 shots) LMS. Churchill arriving walking through crowds in stand. LMS. Churchill speaking. 'Lord Woolton, my Lords, ladies and gentlemen, we have, as our Chairman has told us, published this morning a document called- 'The Right Road for Britain'. This sets forth a broad simple statement of the Conservative, or Tory, because we're not ashamed of the word Tory. (applause) outlook and aims at applied to the current politics of this difficult and critical time. C.U. '.... one of the most vital general elections which has ever taken place. I hope it may be widely read and studied in Conservative and Unionist homes. C.U. " We are, as our Chairman has reminded us, rapidly approaching a grave and formidable event. The last gold and dollar reserves of the sterling area, for which this country is responsible, are running out. The Government have frequently insisted that 500 million pounds is the very minimum required. In their economic survey, published barely 4 months ago, they assured us that they would not allow our reserves to go below this level - 500 million. Now we are suddenly told that they are down to 406 millions. These, ladies and gentlemen are the last reserves. which stand between us and insolvency. If they go as they are going, we shall not be able, even with the existing American subsidies to import enough raw material to keep our factories busy and our people at work. or enough food to main- maintain our health and strength, physical strength. Widespread unemployment and more privations are inevitable unless this catastrophe is averted. F.C.U. '.... though, whoever inherits from the present regime will have a skinny and a sour inheritance Nationalisation depresses the status of the worker. Our object is to enhance. We intend to humanise rather than to nationalise industry. (Applause) In the Workers Charter, which we adopted as part of our policy at Brighton in 1947 we offer, security, incentive and status to the individual. We wish to see the widest possible extension of joint consultation between management and workers. though this must be done, if it is to be effective, as we believe, on a voluntary basis. That was a great decision which we took. We favour the Schemes of co-partnership and profit sharing where these are desired by those engaged in the industry. And you must remember that when I say we I have the honour to speak for the great Conservative Party, which even in the last election polled 12 million votes. Nothing is more clear and I'm glad to say it here on this sunlit afternoon at Wolverhampton. Nothing is more clear that that nationalisation spells the doom of Trade Unionism. This is already the case in all totalitarian states, where the Trade Unions are merely a department of the state employer control and are used not for the purpose of obtaining redress of workers grievances but to make them come along as quietly as they will before sterner measures of Socialist or Soviet management have to be enforced. I have no difficulty this afternoon, in declaring again what is the Conservative policy, should we be successful when we appeal to the people in May. We shall immediately repeal the Act for nationalising steel, if it has reached the Statue book, We'll out a full-stopper on all further nationalisation. (Applause) And we shall restore to the great mass if insurance policy holders, numbered by millions, the certainty that they will not be robbed or cheated of the Fruits of their thrift. The Tory Party of today exists by the favour of no caucus nor for the selfish interest of any class. It's motto is 'of the people, for the people, by the people. Unity and freedom are the beacons which shed its light around its future path,and amid all political conflicts this shall be its only aim, to increase and to secure........... LMS. '.....to say that what we do here on the day of vows will not only determine the course of British history but will influence profoundly the immediate future of the world.
(Comb. Orig. Neg.) (Cuts. 49/60.)
Note: sound intermittent.