Common Market
Sir, —The true effects of E.E.C. membership for Great Britain are qutte different from those “The Press” adumbrated today. Certainly farm subsidies will be withdrawn, although the efficient farmer should benefit by higher market prices on the Continent and by being able to purchase equipment (including fertilizers and some machinery) at much cheaper rates; and it may be that imports (especially from outside Europe) will be reduced; but it is not at all safe to assert (as you do) that (nonfoodstuffs) consumer prices will be increased (luxury goods being only one example of the opposite effect); and it is obvious to even the most naive observers, on the other hand, that foodstuffs themselves will become dearer —not cheaper, as you claim. Finally, it can also be argued that the over-all cost of living might actually be reduced by Britain’s entry into the Common Market.— Yours, etc., PAUL H. GROCOTT. November 4, 1966.
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Press, Volume CVI, Issue 31209, 5 November 1966, Page 14
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154Common Market Press, Volume CVI, Issue 31209, 5 November 1966, Page 14
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