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Those who advocate devaluation are calling for a reduction in the wage levels and the real wage standards of every member of the working class. - James Callaghan
" "Those who advocate devaluation are calling for a reduction in the wage levels and the real wage standards of every member of the working class.
English
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About James Callaghan
Leonard James Callaghan, Baron Callaghan of Cardiff (27 March 1912 – 26 March 2005), commonly known as Jim Callaghan, was a British politician who served as Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party from 1976 to 1980. Callaghan is the only person to have held all four Great Offices of State, having served as Chancellor of the Exchequer from 1964 to 1967, Home Secretary from 1967 to 1970 and Foreign Secretary from 1974 to 1976. He was a Member of Parliament (MP) from 1945 to 1987.
Biography information from Wikiquote
Also Known As
Alternative Names:
Lord Callaghan
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Jim Callaghan
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Lord Callaghan of Cardiff
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James Callaghan, Baron Callaghan
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James, Baron Callaghan
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Leonard James Callaghan
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Leonard James, Baron Callaghan
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Additional quotes by James Callaghan
[The first task is to beat inflation.] Until we do, every wage rise which is not met from higher production is a ticket to the dole queue. That is why it is important to reach a renewed understanding with the trade union movement for the next 12 months, an arrangement which will break decisively from the inflationary spiral that has plagued us.
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Many of you younger delegates are experiencing for the first time and seeing for the first time what we grew up with in the Thirties, what brought us into the Labour Movement and what, incidentally, will mean that we shall die in the Labour Movement and will never leave the Labour Movement. (Applause) However bad a socialist I may be in the eyes of a great many of our colleagues, I know why I and many others of my generation were bound to be in the Labour Party. We were determined that the Thirties should not be seen in our lifetime. And...as I see the conditions being repeated once again, the policies being followed once more that we thought we had destroyed forever as the result of the 1930s, I cannot but feel a deep indignation and anger that this generation should be required to go through the things that our generation went through. And I am determined to fight it as hard as I can. (Applause)
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