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" "Hughie, get your tanks off my lawn.
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.
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A second devaluation would be regarded all over the world as an acknowledgement of defeat, a recognition that we were not on a springboard, but a slide. I myself have always deprecated—perhaps rightly, perhaps wrongly—in crisis after crisis, appeals to the Dunkirk spirit as an answer to our problem, because what is required in our economic situation is not a brief period of inspired improvisation, work and sacrifice, such as we had under the leadership of the right hon. Member for Woodford (Sir W. Churchill), but a very long, hard, prolonged period of reorganisation and rededication. It is the long haul, not the inspired spurt, that we need.
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