We want to keep prices stable for two reasons—to hold on to our share of world markets, and to avoid strains and dislocations at home. We are probabl… - Rab Butler

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We want to keep prices stable for two reasons—to hold on to our share of world markets, and to avoid strains and dislocations at home. We are probably entering a period when it will be more difficult to keep prices from rising. It is a matter for both sides of industry to see that increased money returns, either dividends or wages, are matched by increased output.

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About Rab Butler

Richard Austen Butler, Baron Butler of Saffron Walden, KG, CH, DL, PC (9 December 1902 – 8 March 1982), also known as R. A. Butler, was a British Conservative politician. Butler was passed over twice as a potential Prime Minister, but did serve in the other three Great Offices of State (Chancellor of the Exchequer, Home Secretary and Foreign Secretary).

Also Known As

Alternative Names: Richard Austen Butler R. A. Butler
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Additional quotes by Rab Butler

You can imagine how lonely and sad I felt in Parliament, and indeed in the whole political world, when I knew that Mr Chamberlain had gone. I do not think that the party will ever be the same again. I looked upon him as the last leader of the organisation in the State which I joined very late in its life but which has been responsible for much of England's greatness.

Tories and others set about the task of dealing with the social consequences of the Industrial Revolution by calling upon the power of Government to redress injustice...[The State] assumed the functions of protecting the common interest and safeguarding the interests of the weaker members of society.

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We must recognise that the absolutely free working of such a system cannot now be accepted. We are living too closely knit a structure of society in which the very complication of our immense programme of social reform and industrial development necessitates strong powers being retained at the centre. It will be necessary to use the organising power and majesty of the State in a variety of ways. The State will have to be the grand arbiter between competing interests.

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