§ 69. Mr. Sharplesasked the Chancellor of the Exchequer whether he sought and obtained estimates of the effect of the compulsory standstill on wage rates in the second half of 1966 on the basis of the relationship described on page 477, The Fourth Report from the Estimates Committee, Session 1966–67, Government Statistical Services.
§ 71. Captain W. Elliotasked the Chancellor of the Exchequer whether he sought and obtained estimates of the effect of the compulsory standstill on retail prices in the second half of 1966, on the basis of the method referred to on page 477, The Fourth Report from the Estimates Committee, Session 1966–67, Government Statistical Services.
§ Mr. DiamondThe relationship referred to is essentially a generalisation of past experience over a period when there was no compulsory standstill. It is not, by its nature, adapted to providing an estimate of the effects of the standstill.
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§ 70. Dame Irene Wardasked the Chancellor of the Exchequer what he estimates to have been the effect of the compulsory standstill on wage rates in the second half of 1966.
§ 72. Mr. Kershawasked the Chancellor of the Exchequer what he estimates to have been the effect of the compulsory standstill on retail prices in the second half of 1966.
§ Mr. DiamondThe standstill brought to a halt the rise in wage-rates and substantially moderated the rise in prices.