STEEL BILL GOES THROUGH LORDS
(N.Z.P.A.-Reuter—Copyright) LONDON, March 17. Britain’s controversial steel nationalisation bill completed its passage through the House of Lords last night.
The Conservative opposition’s final speaker, Lord Winlesham, spoke of the steel industry “as a last great sacrifice” to socialism. “The only consolation 1 see in this bill is that I believe it will be the last of the oldstyle nationalisation measures we shall see in Parliament,” he said. “As in some doomed pagan society, the steel industry is to be the last great ritual sacrifice. “However distasteful this measure has been to us on this side of the House, it has been one in which we have been reluctantly acquiescent,” he said. Amendment Rejected The Deputy Leader of the House, Lord Shackleton, said the Government had rejected a Lords amendment which would exclude from nationalisation debentures of the 14 major companies to be taken over. He said the Government had again examined the point, but was still unable to accept the amendment.
The bill will now go back to the Commons for reconsideration in its amended form. It is expected to be passed into law without the Lords’ amendment.
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Press, Volume CVI, Issue 31322, 18 March 1967, Page 13
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193STEEL BILL GOES THROUGH LORDS Press, Volume CVI, Issue 31322, 18 March 1967, Page 13
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