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The nation's economic welfare depends largely upon our ability to make and sell the exports necessary to buy the imports we need to feed our people a… - Clement Attlee
" "The nation's economic welfare depends largely upon our ability to make and sell the exports necessary to buy the imports we need to feed our people and keep our industry going. Our costs of production are of vital importance and they depend to a considerable extent on the amount which industry has to pay in profits, salaries and wages. These in turn in the form of individual incomes affect the total volume of money available in relation to the quantity of goods... It is essential, therefore, that there should be no further general increase in the level of personal incomes without at least a corresponding increase in the volume of production. Unless we are prepared to check any such tendency we shall find ourselves unable to fulfil our export task owing to the rise in costs, which will also be reflected in rising prices on the home market.
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About Clement Attlee
Clement Richard Attlee, 1st Earl Attlee KG OM CH FRS PC (3 January 1883 – 8 October 1967) was Prime Minister of the United Kingdom from 1945 to 1951. Coming from an upper middle class background, Attlee was converted to socialism through working in the East End of London and became MP for Limehouse in 1922 (later Walthamstow West from 1950–55). He served as Deputy Prime Minister in Winston Churchill's war cabinet during World War II. He was elected Labour Party leader in 1935 and won a landslide victory in the 1945 election; his government put in place the welfare state including the National Health Service. Attlee was known for his laconic turn of phrase.
Also Known As
Birth Name:
Clement Richard Attlee
Alternative Names:
Clement Richard Lord Attlee
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Earl Attlee
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Lord Attlee
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Viscount Prestwood
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Additional quotes by Clement Attlee
I agree with the prime minister that the condition of the world is serious, and that everyone who speaks on these subjects must speak with a full sense of responsibility, but that does not mean, in my view, that there should be a lack of plain speaking, but that we ought to see the facts for what they really are. I must say that I was profoundly disappointed with the speech of the prime minister, because it seemed to me that he had misconceived the whole issue that lives before us. He suggested that there was being fought in Spain, in the opinion of some people, a struggle between two sides, two rival systems. I do not think that is the issue that is facing us to-day. The world to-day is faced with a contest between two sides, and those two sides are whether the rule of law in international affairs shall prevail, or the rule of lawless force. That is the issue that faces us, and we must look at this Spanish struggle in its true perspective.
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In the circumstances it is much to be regretted that the men have not as yet responded generally to the call to return to work. A hold up of the food supplies of London will inevitably cause hardship and grave inconvenience to millions of householders; but this is by no means the end of the damage. The handling of the country's overseas trade normally stretches to the limit the capacity of our available shipping. A hold up of any length delays the turn-round of ships and cannot be made up subsequently. The stoppage cuts millions of dollars and other needed foreign currency off our earnings—and cuts them off finally. Already the prospect of attaining this month's export target is affected, the gap in the balance of our payments is widened and the pace of national recovery slowed down. I cannot believe that the general body of strikers have hitherto realised the true consequences of their action. They should return to work and allow any grievances they may feel to be dealt with by the proper machinery.
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