HC Deb 03 December 1957 vol 579 c30W
94. Mr. Woodburn

asked the Chancellor of the Exchequer whether he is aware of the decrease in forward orders from the United States of America and the Continent and in many industries in Britain; and what action he proposes to take to safeguard full employment against the risk of the credit squeeze turning a minor recession into a major slump.

Mr. P. Thorneycroft

Future orders are not the only guide to economic trends. Too long order books may be just as bad for an economy as too short order books. The Government's primary aim at present must be to secure price stability.