Great Britain: The Severest Controls In Peacetime History

"We are the party of change," said Harold Wilson at last week's 65th annual Labor Party conference in the Channel resort of Brighton. "We seek not to conserve but to transform society." The 1,200 delegates had no idea that before the day was finished the Prime Minister would begin a historic transformation of the British economy.

Only hours after his speech, Wilson sent four ministers flying to Balmoral Castle in Scotland with an Order in Council for the Queen to approve. With that, a Labor Government that had been brought to power chiefly by working-class votes ended the most cherished...

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