Existing prices, even if there were no panic, would be brought down, and we do go beyond our claim, therefore, as our only claim is to prevent any Crisis in the Future.

I want this Report to have repercussion not only on the War Office, but on the general attitude of all our officers all over the Empire towards Any Future Crisis that may come about.

But you can contribute, from a great public and authoritative body, viewing a problem dispassionately, an opinion, a kind of guidance which will be of the highest value in directing and guiding the Government of the day in any action they may take if, unfortunately, Any Future Crisis arose.

It is the idea of creating a holding perhaps a, little larger than we have been discussing up to now which would be a part-time holding, and in which, in the stress, perhaps, of some economic Crisis in the Future, an industrial worker could find a temporary refuge and useful productive employment.

It is an ideal area for the establishment of plant for the production of oil, and in these days, when the Government consider that oil is essential for the purpose of Any Future Crisis, here is an opportunity of taking that enterprise into consideration.

We in this House last month spent four days principally debating that very question, and I think that those of us who heard most of the speeches will agree that during those four days there were really only three alternatives that were put before us as a means of the prevention of some similar Crisis in the Future.

Unless something of that kind is done before Any Future Crisis, I fear there will be increasing difficulty and dislocation during that crisis, and it may then be impossible to provide the necessary accommodation.

What I am arguing is that the same work could be done by a small advisory body without all the power that is likely to be used in Any Future Crisis by the Second Chamber.

The industry will be facing a very acute financial Crisis in the Immediate Future.

I regard it equally as a totally illusory argument, although I know the Egyptians always put it forward, that if we were to withdraw from the Canal Zone now we would be allowed to go back and re-occupy that Zone in Any Future Crisis.

The Power that threatens us in a Future Crisis will offer complete immunity to Egypt if she stays neutral, and will threaten the direst reprisals if she joins us.

I should have thought it more desirable to ask the practical questions, why we have got into our present economic plight nd how we can avoid this sort of Crisis in the Future.

That is a possibility and what frightens me is that, having by their strong line won in this instance - and they have won, although it is an important concession that they have agreed not to invade Cuba - the Americans may try the same policy again when a Future Crisis arises, a crisis in which the Russians might feel themselves in a stronger military position than they were over Cuba.

But, when the right hon. Gentleman went on to give his own ideas about how we should meet such a Crisis in the Future, I could not get his whole scheme and plan into any sort of coherent whole.

"Anticipating a Future Crisis"?

In Any Future Crisis of this kind, I hope that there will be special consideration for the motor industry because of the particularly harsh impact of hire-purchase restrictions on an industry of this kind with very expensive products.

We have had to stand alone before, and there will certainly be less time in Any Future Crisis to make good the years of neglect.

As I said at the beginning, in spite of my profound disturbance about the attitude of the other Chamber, I would not be in favour of mounting a major constitutional Crisis in the Immediate Future.

The style and type of a Future Crisis will be quite different from anything that we have had before.

Delaying proper production and maintenance of our building stock will make a Future Crisis inevitable.

There will be no time in a Future Crisis to build new aircraft or develop new weapons systems.

The United States Government, for example, have made an imaginative proposal for the establishment of a United Nations peacekeeping reserve to which member States might contribute contingents and which would make it easier for the United Nations to respond rapidly and effectively in Future Crisis situations.

and if she will ensure that further damage to the tourist industry can be avoided, by mobilising all Government Departments to correct rumours about a Future Crisis.

Perhaps we should take the time to consider legislation that might be needed on a permanent basis to deal with a Future Crisis.

I hope that the right hon. Gentleman will learn the lesson that in Any Future Crisis direction and leadership from the centre are necessary.

We must also be sure that our merchant fleet is adequate in numbers, tonnage and the types of ships available to meet Any Future Crisis.

At Madrid, the West offered a formula for negotiating confidence - building measures for the whole of Europe to stabilise the military situation in Any Future Crisis and to reduce the chances of preparations for surreptitious attack.

Before disposing by sales overseas of the third of a million or more self-loading rifles belonging to the British Army that are becoming obsolescent, will my hon. Friend have regard to the fact that in the event of a Future Crisis barely 1 per cent, of the population of these islands will have a weapon available to them?

The main Crisis in the Future will stem from the huge shortfall of gas which is looming up in the 1990s after the vast increase in the number of gas consumers during the past 12 to 15 years.

It was so in 1979 and would be so in a Future Crisis.

Has not the time come when a massive effort must be directed towards development aid to make sure that Ethiopia does not face a Crisis in the Future?

However, it is equally far fewer than the number who might have to come here in a Future Crisis if the policy goes wrong.

In fact, the Government are trying to conserve fish stocks with a view to preventing a real Crisis in the Future.

We want to hear the justification of the Ministry of Defence for its apparent complacency that all is well and that, if a Future Crisis arose, we would have the capability —not surely with British flagged vessels but by chartering foreign vessels—to meet our needs.

What about Any Future Crisis?

What about any Future Crisis?

We cannot cope now, so how shall we be able to cope if there is a real Crisis in the Future?

He spoke with much hindsight, was negative and did not say how the Labour party would handle the Crisis in Future, if in power.

Will he assure the House that in Any Future Major Crisis, members of the TA will be deployed not as individuals but within existing serving units, and will serve in that way?

If the objective of all this is to ensure that the European nations, as well as Britain and France, do their fair share in Future Crisis management--which, on the face of it, seems a very good idea--surely, since it is admitted that it is NATO assets which are to be used, we could have conducted an audit through NATO without any of the vast infrastructure now being set up.

If there is a Future Crisis, they will need to act more quickly.

The Government admitted that the protests almost brought the country to its knees, and they are now taking emergency measures to combat Any Future Crisis.

It is in Britain's interest that the military burden of Future Crisis management should be fairly shared with our partners.

Should there be another Crisis in the Future--let us get over the one with which the noble Baroness is dealing at the moment--how quickly can the board move to process applications for grant?

It is also clear that any team of Ministers worth their salt would have examined the lessons of the outbreak and revised procedures to ensure that Any Future Crisis would be handled better.

That raised serious questions about whether multilateralism could survive, and whether the UN had a role in Future Crisis management and resolution.

I know that research carried out by the Office of the Deputy Prime Minister in 2002 showed that by 2005 a further 3,000 to 4,500 additional permanent and transit pitches would be needed to resolve a Future Crisis.

The way to avoid the Future Crisis is through strength now rather than weakness now - that is the choice now facing Europe and the rest of the world.

May I encourage him to accept that part of his job is not simply to deal with existing crises, but, along with our allies, to anticipate what may be a Future Crisis?

If one goes down the route of ensuring that there is similarity in terms of regulation across financial markets and the globe, that contagion is more likely to be enhanced in Any Future Crisis.

It is vital that the EU should do everything possible to avoid a repeat of this Crisis in Future by increasing the transparency of the arrangements for supply and transit, diversifying gas suppliers and routes, increasing our use of alternative energy sources, and improving energy efficiency.

We supported the institution of a European Union body to assess macro-prudential risks as a welcome step to looking to prevent a Future Crisis.

My second point relates to the European Systemic Risk Board, which is there to try to avoid a Future Major Crisis but which has no powers other than to make recommendations.

The noble Lord, Lord Turner, said, not so long ago, that the FSA needed more people and more highly paid people to ensure that in a Future Crisis they are less likely to be caught again with their eyes off the ball.

However, I am sure that he, like the previous Chancellor in his White Paper, accepts that there is no single institutional model to insulate us from a Future Crisis.

If Britain is to play a role in a Future Crisis, people will want to know beforehand what our attitude is likely to be, how far we might be able to go and under what terms we might be able to participate.

That will lead the Court to have to decide how it deals with this sort of Crisis in Future.

If we do not attend to that, we are going to come back to a Crisis in Future so we have to be mighty thankful.

If break-up and segregation may be necessary for a bank in a Future Crisis, why do the Government not understand that they may need those techniques to deal with the inherited, still very serious banking crisis that we are living through, which is preventing the financing of a full recovery?

The recommendations in the report will help to ensure that this does not happen again in Any Future Crisis.

That is important not just for any action after a Future Crisis, but as a deterrent, should any bank executives be tempted to take unnecessary or reckless risks.

It will thus create a more stable banking system, protecting the economy and the taxpayer against Future Crisis.

Another problem is poor anticipation of a Future Crisis and poor communication between services.

Does he believe that that governance has reformed sufficiently to prevent another similar Crisis in the Future in another eurozone state?