From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn't mean, of course, that the Pound here in Brit… - Harold Wilson

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From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn't mean, of course, that the Pound here in Britain, in your pocket or purse or in your bank, has been devalued.

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About Harold Wilson

James Harold Wilson, Baron Wilson of Rievaulx, KG, OBE, FRS, PC (11 March 1916 – 24 May 1995) was Prime Minister of the United Kingdom from 1964 to 1970, and again from 1974 to 1976. He had an impressive educational background, becoming an Oxford don at 21 and working as a war time civil servant; he was made a government minister immediately after he was elected to Parliament. As Leader of the Labour Party he moved the party towards a technocratic approach and appeared more in tune with the 'swinging sixties'; however his government was beset by economic difficulties and he was unexpectedly defeated in 1970. His return to office with a tiny majority in the mid-1970s saw a referendum which endorsed British membership of the European Communities. He resigned suddenly in 1976, and in his retirement suffered from Alzheimers' disease.

Also Known As

Native Name: James Harold Wilson
Alternative Names: James Harold Wilson, Baron Wilson of Rievaulx

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Additional quotes by Harold Wilson

This Party needs to protect itself against the activities of small groups of inflexible political persuasion, extreme so-called left and in a few cases extreme so-called moderates, having in common only their arrogant dogmatism. These groups, equally the multichromatic coalitionist fringe or groups specifically formed to fight other marauding groups, these groups are not what this Party is about. Infestation of this kind thrives only, and can thrive only, in minuscule local parties.

In my talks with the African Nationalist leaders...I regarded it as my duty to remove from their minds any idea or any hope they might have had that Rhodesia's constitutional problems were going to be solved by an assertion of military power on our part, whether for the purposes of suspending or amending the 1961 Constitution, of imposing majority rule tomorrow or any other time—or for that matter of dealing with the situation that would follow an illegal assertion of independence. To quote the words I used to them: If there are those who are thinking in terms of a thunderbolt hurtling from the sky and destroying their enemies, a thunderbolt in the shape of the Royal Air Force, let me say that thunderbolt will not be coming, and to continue in this delusion wastes valuable time, and misdirects valuable energies.

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