Economist Calls for Two Year Freeze

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From Financial Times ‘Strong support for the Government's p'rices and incomes freeze came last night from Sir Roy Harrod in a B.B.C. Third Programme talks- 'I myself hold that to pull us out of trouble once and for all, we need an incomes freeze for two years subject to permitting after six months, increases already negotiated before the freeze came on,' he Aeclared. Legitimate claims in hard luck cases should also be allowed after six months. 'The incomes freeze should be above party,' Sir Roy stated. 'Those who hate the present Governnent have plenty of scope for attacking it in ways that will not injure the country, for instance, on the Selective Employment Tax or on steel nationalisation. But all, of whatever party should give loyal support to the prices and incomes freeze. I believe it will succeed,! When the freeze was over, there should not be a doubling up in incomes payments to make good ground lost during the freeze period. An incomes policy would continue to be needed. Stressing the importance of the attitude of the T.U.C. to the freeze, Sir Roy said that 'a wrong vote at the 7.U.C. would have a calamitous effect on foreign conficence,.!