§ Mr. Wade
If there is to be cooperation between employers and employees in the development of automation, is it not reasonable that they should have every possible opportunity of sharing in any increased dividends that may accrue therefrom? Secondly, is the Minister aware that under certain provisions of the Finance Act there are undoubted discouragements to the transfer of shares to employees. Will he, therefore, consult his right hon. Friend the Chancellor of the Exchequer with a view to introducing necessary Amendments in order to remove these obstacles to co-partnership?
§ Mr. Stokes
Will the hon. Gentleman, at least in the case of bonus share issues, consult the Chancellor with a view to the introduction of legislation to provide that a proportion of any bonus share issue goes to the workers in the industry concerned?
§ Mr. Osborne
Will my hon. Friend make it clear that the benefits of automation, before they are shared out, have first to be obtained by selling the products of automation in foreign markets at lower prices and with better quality?
§ Mr. Bence
In giving consideration to the proposal made by the hon. Member for Huddersfield, West (Mr. Wade), will the hon. Gentleman bear in mind that there are millions of people in occupations which cannot gain the benefit of automation? Many of us feel that it would be unjust and unwise to foster the idea that those who employ automation should benefit from its profitability to the detriment of those who cannot make use of it.