If not, why cannot they be used to overcome the serious Crisis in the Trade of the country?

The first is quite useless and the only effect of the second will be that if a Trade Crisis arises the exigencies of the Parliamentary situation may prevent things being done which ought to be done.

If we have not had a Trade Crisis or a slump with 2,000,000 unemployed, we have had that refractory million to which the right hon. Gentleman the Member for Carnarvon Boroughs (Mr. Lloyd George) used to refer as being the hard core of the unemployment problem.

I do not subscribe, and I am sure most other Members of the House do not subscribe, to the point of view that, when a Trade Crisis is pending, the price of steel, the price of coal, the cost of railway transport, and other fixed charges of that sort, should be kept up where there is a general reduction in all other prices.

and (2) what representations have recently been made to him by the Scottish fishing industry; and what action he has taken in response to their plea for urgent measures to avoid a Crisis in the Trade.

asked the Secretary of State for Scotland (1) what steps he is taking to compensate Scottish fishermen for the sharp rise in prices of all fishing gear; and (2) what representations have recently been made to him by the Scottish fishing industry; and what action he has taken in response to their plea for urgent measures to avoid a Crisis in the Trade.

I was not clear whether he was trying to argue on general economic policy that there was no balance of Trade Crisis in the autumn of last year, but that it was something that happened after this Government were elected.

I know that Labour spokesmen, most noticeably the right hon. Member for Birmingham, Sparkbrook (Mr. Hattersely), were forcasting a balance of Trade Crisis later this year on the basis of National Institute of Economic and Social Research forecasts which came out towards the end of last year.

Manufacturing investment is still lower than it was in 1979 and the Trade Crisis is chronic.

It is not "Born again Britain" butHow Britain lost its balanceand the first sentence of the article reads:Britain is gripped by a Trade Crisis.

After 10 years of the Government's policies and economic miracles, we have a balance of Trade Crisis, a crisis of inflation, a crisis of confidence and a crisis of credit.

of their exports, and prices of those commodities at all-time lows, the main cause of the economic setback is clear: added to the Trade Crisis is the debt crisis, and the result is that citizens of ACP countries are now threatened with another lost decade.

They show a lack of confidence in the Government's ability to manage and secure growth without inflation that can justify the level of investment that we shall need if we are to maintain the genuine competitiveness that can sustain our current export success without bringing about renewed inflation or a balance-of-Trade Crisis - both of which have been hinted at as a reason for the Chancellor's attempt to keep the lid on developments, and a concern that the President of the Board of Trade himself has acknowledged.

We have a balance of Trade Crisis because we are not exporting enough.