“But the policies of the 1960s would not be successful today. No more would general import controls. They benefit some home industries at the expense of the livelihood of everyone working in exports. We would be robbing Peter to pay Paul.”

— James Callaghan

Speech at Woolwich (30 January 1976)
Foreign Secretary

Adopted from Wikiquote. Last update June 3, 2021. History

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James Callaghan 37

Prime Minister of the United Kingdom; 1976-1979 1912–2005

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“But the policies of the 1960s would not be successful today. No more would general import controls. They benefit some home industries at the expense of the livelihood of everyone working in exports. We would be robbing Peter to pay Paul.”

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James Callaghan 37

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