N.E.D.C. meeting on national incomes policy
N.E.D.C. meeting on national incomes policy; ENGLAND: London: Millbank:
INT
2 shot - Maudling and Haviland:
CS REGINALD MAUDLING (Chancellor of the Exchequer) SQF:(Q: Chancellor, we know you urgently want a policy for incomes, has one emerged from todays meeting?) No, you couldn't expect it, from problems of an incomes policy is one of the most difficult for any democracy to be solved in one meeting, and no country has solved it yet, and it will take a long time to get a final answer.
(O: You have been working towards it for some time, is there any chance that you are getting nearer?) Yes, I think we are, I think there is a growing and deeper realisation among everyone, of the need for an incomes policy and the part that everyone has got to play in making one effective
(Q: Have employers representative on NSDY shown themselves willing to restrain profits and dividends in return for wage restraint?) I don't think I should talk for particular members of the council, there's quite a clear recognition that if you are going to have stable prices all forms of incomes must be subject to policies and keep the prices stable, you can have prices rising from any reasons, but everyone, both the man who makes profits, the man who declared the dividend, the man who settles a wage level, all have some part to play in keeping prices at the level we must have them to reach our objective





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Editorial #:
1348919590
Collection:
ITN
Date created:
08 January, 1964
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Rights-ready
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Not released. More information
Clip length:
00:01:06:16
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United Kingdom
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576 25i
Source:
ITN
Object name:
vs080164006_0
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