§ 19. Mr. Bramallasked the Secretary of State for Foreign Affairs when he anticipates that he will be able to take action to implement his declared policy of socialising heavy industry in the British zone of Germany.
§ Mr. BevinEvery effort is being made to overcome the obstacles, which have hitherto delayed the fulfilment of our policy, but I am not yet in a position to state when a further announcement will be made. One of the main difficulties is connected with the drawing up of an equit- 1044 able basis of compensation for foreign interests in Germany.
§ Mr. BramallWill my right hon. Friend bear in mind that he does lay himself open to a very great deal of criticism when the policy the Government are carrying out in this country cannot be carried out over there?
§ Mr. BevinI quite agree that I have announced a policy, but I cannot override the rights of other countries, and when these rights exist, I have to negotiate about them.
§ Mr. Walter FletcherWill the right hon. Gentleman make certain that socialising does not in due course become subsidising, to the great detriment of the export trade of this country?
§ Viscount Hinchingbrooke rose—
§ Mr. SpeakerThis is becoming hypothetical, I think.