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" "We have had a tremendous battle over the past 12 months. Sterling is safe. That battle is won.
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
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Peace-or-war, not cost-of-living, was the most important issue at the election. He did not believe that peace with Stalin would be easy to achieve. Some delegates seemed to think it was all a matter of “getting together with Joe.” Had they forgotten their Marxism, and its interpretation of history. That was what they were dealing with, not Uncle Joe.
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David Rose (ITN reporter): Industrial relations and picketing. What about the TUC putting its house in order?
James Callaghan: The media's always trying to find what's wrong with something .. Let's try and make it work.
Rose: What if the unions can't control their own militants? So there are no circumstances where you would legislate?
Callaghan: I didn't say anything of that sort at all. I'm not going to take the interview any further. Look here. We've been having five minutes on industrial relations. You said you would do prices. I'm just not going to do this .. that programme is not to go. This interview with you is only doing industrial relations. I'm not doing the interview with you on that basis. I'm not going to do it. Don't argue with me. I'm not going to do it.