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EECH

PRIME

ri1

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BY

THE

MINT=ER

'THE

SCOTTISH

PARTY

CONERNTATTNTE

CONFERENCE

TN

PERTH

ON

FRIDAY

15th

MAY

1987



PAGE 1

INTRODUCTION

(j1k. THANK YOU FOR YOUR SPIRITEDWELCOME.

FOUR YEARS AGO, WE LAUNCHEDTHE GENERALELECTION CAMPAIGNFROM THIS VERY HALL. i YOU GAVE US A GREAT SEND-OFF. AND WHEN THE ELECTIONCAME, IT WASN'T A BAD RESULT! THE PEOPLEWON. THIS TIME WE WANT TO DO BETTERSTILL

-INBRITAINAS A WHOLE,AND HERE IN SCOTLAND.



PAGE 2

THE SCOTTISHCONSERVATIVEPARTY IS IN GOOD HEART AND *GREAT

SHAPE.

THANKS FIRST,TO YOU, MR. PRESIDENT,AND ALL YOU HAVE ACHIEVEDIN YOUR TWO-YEAR PERIOD IN OFFICE.

THANKSALSO TO OUR PARTY CHAIRMAN,JAMES GOOLD, WE WERE ALL DELIGHTEDWHEN A LITTLEEARLIER THIS YEAR, HE BECAME LORD GOOLD. HE WILL BE A POWERFULSCOTTISHVOICE IN THE HOUSE OF LORDS.

PAGE

AND I WANT TO THANK ALSO MALCOLMRIFKIND Wswomramonar...q.

FOR HIS OUTSTANDINGWORK AS SECRETARYOF STATE FOR SCOTLAND- AND HIS FIRST CLASS TEAM OF MINISTERSIN THE SCOTTISHOFFICE.

1

IN THE CONSERVATIVEPARTY,WE'VE ALWAYSDRAWN MANY OF OUR LEADERSFROM SCOTLANDAND THERE IS NO-ONE FOR WHOM WE HAVE MORE AFFECTIONOR ADMIRATIONTHAN LORD HOME. IT'SMARVELLOUSTO HAVE ALEC WITH US, ••• ••••enlinia

AT THIS CONFERENCE. 1„al

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PAGE

4

*THE WAY AHEAD MR. PRESIDENT,THIS ELECTIONIS ABOUT THE SUCCESSESOF THE PAST AND OUR VISION FOR THE FUTURE. THE ACHIEVEMENTSOF OUR FIRST TWO TERMS ARE THE SPRINGBOARD/FOR EVEN GREATER ACHIEVEMENTSIN OUR THIRD TERM.

/

THERE IS ONLY ONE PARTY IN THIS ELECTIONWHICH KNOWS ••••



••••

WHAT IT WANTS TO DOAND HAS THE COURAGETO TELL THE PEOPLEABOUT ITS PLANS FOR THE FUTURE, INDEED,IT SEEMS THAT THE CONSERVATIVE PARTY ALONE IS INTERESTEDIN THE FUTURE.

PAGE

s

5

THE OTHER PARTIESSHY AWAY FROM POLICIES. THEY TALK ONLY ABOUT THE PARAPHERNALIA OF POLITICS- BLACK SECTIONS, TACTICALVOTING AND HUNG PARLIAMENTS.

DON'T BE SURPRISED. THE OTHER PARTIESARE INHIBITEDFROM TALKING ABOUT POLICIES. THE LIBERALSAND SDP, BECAUSETHEY WISH THEY HAD .......,..,..• MORE. AND LABOUR,BECAUSETHEY WISH THEY HAD FEWER.

SO FROM THE LABOURPARTY EXPECT - THE "ICEBERGMANIFESTO" - ONE TENTH

OF ITS SOCIALISMVISIBLE,

NINE-TENTHSBENEATHTHE SURFACE.

0

PAGE 6

AND FROM THE LIBERALSAND SDP, THE "BLURRED MANIFESTO"/ - EASY READINGFOR THOSEWITH DOUBLEVISION.

BUT FROM OUR PARTY,THERE WILL BE NO FLIMSY MANIFESTO,NO HIDDENMANIFESTO. OUR CONSERVATIVEMANIFESTOWILL PRESENTA FULL PROGRAMMEFOR A FULL PARLIAMENTIN THE FULL LIGHT OF DAY.

AND WHEN IT IS PUBLISHEDON TUESDAY,YOU WILL SEE \

-..-.-.:,

THAT, FAR FROM RUNNINGOUT OF STEAM,WE'RE JUST COMING UP TO FULL STEAM.

PAGE

MR. PRESIDENT,CONSERVATIVEPOLICIESARE NOT BUT FOR THE BENEFITOF POLITICIANS r••

•••*reloo*rwas.,,

FOR THE BENEFITOF PEOPLE.

7

PAGE 8

RATES LET ME START WITH LOCAL AUTHORITYRATES - WHICH WILL MEAN AN END TO RATES FOR ALL HOUSEHOLDERS IN SCOTLAND.

THIS LAST WEEK, PARLIAMENTPASSEDTHE BILL TO ABOLISH DOMESTICRATES IN SCOTLAND. THEY SAID WE COULDN'TDO IT. THEY SAID WE WOULDWTDO IT. gmsrow.r.aca.,*.•••• •••• ,..

WE DID IT.

PAGE 9

I DON'T PRETEND IT WAS EASY, As YOU KNOW, WE HAD BEEN TRYINGFOR YEARS TO FIND THE BEST WAY OF REPLACINGTHE

INTOLERABLYUNFAIR BURDEN OF DOMESTICRATES, UNDER WHICH YOU IN SCOTLANDHAVE SUFFEREDMORE THAN MOST OTHER PARTS OF THE UNITEDKINGDOM.

INDEED IT WAS IN RESPONSETO YOUR NEEDS IN SCOTLANDTHAT WE FINALLYDECIDEDON THE INTRODUCTION OF THE COMMUNITYCHARGE. FOR THOSE WHO ARE HARDEST.PRESSED, THERE WILL BE A GENEROUSREBATE,

PAGE 10

WE WERE DETERMINED: THAT THE COST OF LOCAL GOVERNMENT SHOULD BE MORE FAIRLY SPREAD;

THAT RELIEF SHOULD BE BROUGHT TO THOSE - OFTEN THE WIDOWED AND THE ELDERLY - WHO HAVE BEEN SHOULDERING TOO HEAVY A SHARE OF THE BURDEN;



PAGE 11

- THAT MOST PEOPLE SHOULD CONTRIBUTE SOMETHING TO THE COST OF LOCAL SERVICES;

- THAT LOCAL AUTHORITIES SHOULD BECOME MORE ACCOUNTABLE - AND MORE RESPONSIVE - TO THE COMMUNITIES THEY SERVE;

- AND THAT BUSINESSES, THE WEALTH-CREATORS AND THE JOB-CREATORS, SHOULD NO LONGER BE AT THE MERCY OF SPENDTHRIFT LOCAL COUNCILS.

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PAGE 12 • ACHIEVEMENTS

As I LOOK ACROSSTHE FLOOR OF THE HOUSE OF COMMONS THIS WEEK AT THE LEADERSOF THE OPPOSITION PARTIES,I WONDEREDTO MYSELF: WHY ON EARTH DO THEY ALL LOOK SO GLOOMY? SO DEPRESSED? SO DOWN IN THE MOUTH?

IT MUST HAVE BEEN SOMETHINGTHEY ATE.

BECAUSE

THERE'SA LOT TO BE CHEERFULABOUT. THIS GOVERNMENTHAS AN ACHIEVEMENTSECOND TO NONE.

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PAGE 13

• HONEST MONEY HAS BEEN RESTORED. ...1•••••

••1,

INFLATIONIS AT ITS LOWESTLEVELSFOR 20 YEARS. AND AS LONG AS THE CONSERVATIVES STAY IN OFFICE,MONEY WILL STAY HONEST.

WE ARE NOW IN OUR SEVENTHYEAR OF ECONOMICGROWTH, e

MoINNOs

IT'S PUT US AT THE TOP OF THE GROWTH 111•111111aarrio,

LEAGUEOF MAJOR EUROPEANCOUNTRIESAFTER YEARS IN WHICH WE WERE AT THE BOTTOM. THLEBRITISH ECONOMYTODAY IS ONE OF THE STRONGESTIN THE WORLD, 1• ••

•••rt......,

....

•• ••••••

BRITAIN IS ON THE MOVE AGAIN.

PAGE 14

AND MANUFACTURING INDUSTRY TOO IS DOING WELL. BUSINESS OPTIMISM AMONG SCOTTISH HICHEcr LEVEL MANUFACTURERS IS AT ITSMOM FOR THIRTEEN YEARS.

OUTPUT IS UP. 441 5g EXPORTS ARE

UP.

OVER THE COUNTRY AS A WHOLE, MANUFACTURING PRODUCTIVITY HAS GONE •

UP - AT A FASTER

••••••••=000110. ••• ••• ••

RATE THAN ANY OTHER COUNTRY - FASTER EVEN THAN JAPAN, AND PROFITS FROM MANUFACTURING ARE AT THEIR •• ••=...VINIailleM3fMNIIIMNI

HIGHEST LEVEL SINCE 1973! THAT'S GOOD .NEWS. PROFITS PROVIDE THE INVESTMENT FOR THE FUTURE.

PAGE 15

• AND TORIESDON'T RUN UP VAST NATIONALDEBTS. WE RUN UP VAST NATIONALASSETS. 111.10....,..12ece*= •

THIS YEAR THEY'VEREACHED£110 BILLION NET - SECONDTO JAPAN, I'M SORRY TO SAY, BUT WATCH OUT!

/

THAT INCOMEFROM INVESTMENTSABROADWILL 111,

0 •• •••

7.•• •

BE AVAILABLEWHEN THE NORTH SEA PRODUCES FAR LESS OIL THAN NOW. ALREADYTHEY BRING IN OVER 4 BILLION YEAR.

NO WONDER BRITAIN'SSTOCK IS RISING.

BECAUSE INDUSTRIALRELATIONSHAVE BEEN TRANSFORMED, OF THE CHANGESWE HAVE MADE IN THE LAW ON THE TRADE UNIONS.

PAGE 16

• WE HAVE GIVEN THE TRADE UNIONSBACK TO THEIR MEMBERS.

AND WE'VE HAD THE LOWESTNUMBEROF STRIKES FOR ALMOST FIFTY YEARS.

TORY FREEDOMWORKS. \........

PEOPLE HAVE MORE MONEY IN THEIR POCKETS- TO SPEND OR TO SAVE. YOU'VEONLYGOTTO LOOK AT THE SUPERMARKETS AND SHOPPINGCENTRESTO SEE THAT LIVING STANDARDSARE HIGHERTHAN EVER BEFORE IN OUR HISTORY.

BRITAIN IS PROSPEROUSAGAIN.

PAGE 17 AND BECAUSECONSERVATIVEPOLICIESHAVE BROUGHTABOUT GROWTH, THERE IS MORE MONEY AVAILABLEFOR THE HEALTHSERVICE,FOR SOCIALBENEFITSAND FOR THE ONE MILLIONEXTRA PENSIONERS.

BY EVERY TEST, WE HAVE DONE FAR BETTER FOR THE HEALTHSERVICESTHAN LABOURDID4 -

THEY TALK ABOUT SPENDINGMORE MONEY.

s el=ive)/Aic.

WE'VE DONE

TOOK OFFICE, THEi DAY WE CONSERVATIVES £8 BILLIONA YEAR WAS SPENT ON HEALTH. HOW MUCH DO YOU THINK IT IS TODAY? c-r-t £21 BILLION- WAY ABOVE INFLATION •

••"

PAGE 38 AND YESTERDAY,AS YOU MAY HAVE SEEN, WE HAD A DING-DONGIN THE HOUSE OF COMMONS,ABOUT WAITING LISTS. NOW, OF COURSE,WE ALL WANT TO GET THEM DOWN. THAT GOES WITHOUTSAYING. THE QUESTIONIS - WHICH GOVERNMENTIS BEST AT IT? AO-LET ME TELL YOU. THE FACTS SHOW THAT LABOURGOVERNMENTS INCREASEWAITINGLISTS,CONSERVATIVE 4111111•••

•• •

••11

GOVERNMENTSREDUCETHEM.

YES WE WANT THEM DOWN FURTHER. AND WE HAVE JUST ALLOCATEDANOTHERCONSIDERABLE SUM OF MONEY, £50 MILLIONFOR THAT PURPOSE.

PAGE 1 9 BUT DON'T MEASURE ONLY BY MONEY. MEASURE IT BY WHAT OUR MARVELLOUSDOCTORS AND NURSESHAVE DONE. ONE MILLIONMORE PATIENTS A YEAR ARE BEING TREATED IN HOSPITAL. THREE AND A HALF MILLIONMORE ARE BEING LOOKEDAFTER AS OUT PATIENTS.

HEART BYPASS OPERATIONSARE UP THREE FOLD, CATARACTSBYFIFTY PER CENT. I COULD GO ON. WHAT A PITY OUR OPPONENTSDON'T PRAISE THE HEALTHSERVICE INSTEADOF RUNNING IT DOWN.

I DON'T DOUBT THAT LABOURMEANS WELL BY THE HEALTH SERVICE.

PAGE 20

BUT THE PLAIN FACT IS THAT EVERY LABOUR GOVERNMENTCAUSES AN ECONOMICCRISIS. IT THEN HAS TO CUT BACK. AND ON WHAT? ON HOSPITALBUILDING,ON NURSESPAY.

LABOUR CUT NURSES PAY IN REAL TERMS DURING ITS LAST PERIODOF OFFICE. WE'VE INCREASEDNURSESPAY BY 30 PER CENT ON TOP OF INFLATION. L-R3o.treJ

SO T4EtR-GOODINTENTIONSCOUNT FOR NOTHING.

I Do-N619-MERELY SAY THAT THE NATIONALHEALTHSERVICE IS SAFE WITH US.

I SAY THAT THE NATIONALHEALTHSERVICE IS SAFE ONLY WITH US.

PAGE 21

AND AGAIN,BECAUSEWE HAVE BEEN ABLE TO PRODUCESOUND ECONOMICGROWTH,IOURRECORDON LOOKING AFTER PENSIONERSIS SECONDTO NONE. BRITAIN'SSPENDINGON THE ELDERLY,INCLUDING PENSIONS,IS AMONG THE HIGHESTIN EUROPE - HIGHER ( ti-LF(2_MA HIGHER EVEN THAN THAN ITALY,LHOLLAND, PROSPEROUSWEST GERMANY. k'RE QUIETLYPLEASEDABOUT THAT, At4i# BECAUSEWE APPRECIATEHOW MUCH THOSE PENSIONERSDID FOR US.

THEY HAD A HABIT OF SAVING,SO IT IS VITAL TO KEEP INFLATIONDOWN, OTHERWISETHEIR SAVINGSWILL BE EATEN AWAY.

THIS HAS BEEN A SAVERS'GOVERNMENT.



PAGE 22 DON'T TAKE IT FROM ME, TAKE IT FROM "THE SCOTSMAN",FRIDAY8 MAY. "THE SAVINGSMARKET IS BOOMING. 4:tNOW THE SAVER IS KING".

e(9-

MR PRESIDENT,THAT IS JUST Ali-EX.GERPT - A SHORT ONE 44.9;. OUR1 UNRIVALLEDRECORDOF ACHIEVEMENT IN THE LAST EIGHT YEARS. I COULD GIVE MORE.

BUT I DON'T LIKE TO THINK-OFTHOSE LONG FACESON THE OPPOSITIONBENCHESGETTINGLONGERSTILL. I STOPPEDWATCHINGWHEN THEIR CHINS PASSED THEIR ANKLES.

.

PAGE 23

• OF COURSE,THERE IS MORE TO BE DONE.

THERE ALWAYS WILL BE, WHETHER IT BE IN THE HEALTH SERVICE,EDUCATION,HOUSINGOR JOBS,

THIS WEEK THE UNITED KINGDOMUNEMPLOYMENT FIGURESFELL FOR THE TENTH MONTH IN SUCCESSION. THAT WAS GOOD NEWS.

iHE FIGURESFOR SCOTLANDWERE LESS GOOD AT FIRST GLANCE. WE'D HOPED TO DO BETTERTHAN A FALL OF 300 AT THIS TIME OF YEAR. ESPECIALLYWHEN THE FALLcINLMARCH HAD BEEN THE LARGESTFOR NINE YEARS. •• •• •••••• ••••

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PAGE 24

BUT THE LONG-TERM SIGNS FOR SCOTLAND'S ECONOMY - AND THEREFORE FOR SCOTLAND'S JOBS - ARE GOOD.

INSTEADY OF PROPPING UP OLD INDUSTRIES INDEFINITELY WE HAVE SMOOTHED THE PATH FOR NEW TRADES, NEW SKILLS, NEW ENDEAVOURS TO REPLACE THOSE PARTS OF OLDER INDUSTRIES WHICH COULD NO LONGER COMPETE INTERNATIONALLY.

SCOTLAND HAS EXCELLED IN DEVELOPING THOSE INDUSTRIES WHICH ARE THE BEDROCK OF A MODERN ADVANCED ECONOMY.

PAGE 25

SCOTLAND HAS ONE OF THE BIGGEST CONCENTRATIONS OF THE ELECTRONICS INDUSTRY IN WESTERN EUROPE, WORTH SOME 43,000 JOBS.

A GLASGOW HERALD FEATURE ON EAST KILBRIDE'S 40TH ANNIVERSARY AS A NEW TOWN, SAID "

NEW

INDUSTRIES ARE COMING IN AT THE RATE OF ONE A WEEK;

EXPANSIONS BY EXISTING COMPANIES ARE AT

THE RATE OF ONE A FORTNIGHT",

EAST KILBRIDE"HAS MOVED FROM BEING A QUIET COUNTRYVILLAGETO THE PRODUCTIONCENTRE OF THE WORLD'SMOST ADVANCEDHEART PACEMAKER IN LESS THAN TWO GENERATIONS...."

PAGE 26 AND IF SCOTLANDCAN ATTRACT INDUSTRIESLIKE THE NEW ELECTRONICS,THEY CAN ATTRACTOTHER INDUSTRIES TOO WITH A POTENTIALFOR GROWTH. THESE INDUSTRIESCOME HERE - NOT ONLY BECAUSEOF FINANCIALINDUCEMENTS WHICH SCOTLANDCAN OFFER, ALTHOUGHTHEY ARE CONSIDERABLE.

THEY ARE DRAWN HERE BY YOUR UNIVERSITIES, BY THE SKILLSOF YOUR WORK-FORCE, BY GOOD COMMUNIDATIONS, THE QUALITYOF YOUR ENVIRONMENT AND THE QUALITYOF LIFE.

PAGE 27

THAT'S MODERN SCOTLAND.

AND WHEN WE THINK OF NEW JOBS, WE MUSN'T THINK SOLELY OF MANUFACTURING INDUSTRY.

EDINBURGH IS A MAJOR CENTRE FOR THE FINANCIAL SERVICES INDUSTRY,WHICH PROVIDES SOME 75,000 JOBS.

/1

I RECENTLYREAD IN THE SCOTSMANTHE HEADLINE "CRISISLOOMS IN CAPITAL". I WONDEREDWHAT ON EARTH HAD HAPPENED,UNTIL I READ ON. IN FACT,BUSINESS IS SO BOOMINGIN EDINBURGH,THERE IS SIMPLY NO PRIME OFFICESPACE LEFT IN THE CENTREOF THE CITY. THAT WAS THE CRISIS. IT COULD HAVE BEEN BETTER PUT!

PAGE 28

BUT I WAS MORE ENCOURAGED BY TODAY'S HEADLINE: "TURNING THE SPOTLIGHT ON .INITIATIVEAND SUCCESS". THAT'S THE STUFF,

AND IF YOU HAVE ANY DOUBT, JUST LOOK AT THE FIFTY TOP PERFORMERSAMONG SCOTTISH COMPANIES. BETWEEN 1983 AND 1985 - IN OTHER WORDS, SINCE THE LAST ELECTION - MORE THAN HALF OF THOSE FIFTY COMPANIES HAD A GROWTH IN PROFITS OF OVER 200 PER CENT; AND A THIRD OF THEM OVER 300 PER CENT.

PAGE 29



THEY RANGED FROM NEWSPAPERS,THE GLASGOWHERALDAND THE SCOTSMAN; TO CIVIL ENGINEERS,HENRY BOOT; TO RACAL;THEN TWO LEATHERCOMPANIES; SIX TEXTILEFIRMS;AND COMPANIESIN THE BUILDINGAND CONTRACTINGINDUSTRIES.

THE SPIRITOF ENTERPRISETHAT BUILT SCOTLAND'SGREAT INDUSTRIESIN THE PAST HAS RE-AWAKENED. THE SPIRITOF ENTERPRISETHAT CARRIED SCOTTISHSKILLSTO THE FAR CORNERSOF THE GLOBE IS RE-EMERGINGHENEAT HOME. I WONDER HOW MANY PEOPLE_FULLYREALISE_ WHAT A PROFOUNDCHANGE THIS IS. opow04.4.1.111INIM



PAGE 30

POPULARCAPITALISM

FOR MUCH OF THE 20TH CENTURY,IT SEEMEDTHAT SOCIALISM Was

L IN RETREAT. WAS ADVANCINGAND CONSERVATISM BEGAN TO FEAR EVEN A FEW CONSERVATIVES .1,/1 •• 1..MI,M,NiMM ...

THAT SOCIALISMWOULD TRIUMPH- THAT THE FUTUREWOULD BE ONE OF NATIONALISEDINDUSTRIES, CENTRALECONOMICPLANNING,MUNICIPAL HOUSINGAND THE GRADUAL,DISAPPEARANCE AND OF ALMOSTANYONE OF THE ENTREPRENEUR, WHO DID NOT EITHERWORK FOR OR DEPEND UPON THE LEVIATHANSTATE.

• PAGE 31

Our-?fi7t= How

THAT DEPRESSINGVISIONNOW SEEMS! IT HAS THE SMELL OF THE LATE NINETEEN FORTIESABOUT IT — THE ATMOSPHEREOF SHORTAGES,RATIONING,THE BLACK MARKET AND THE ENDLESSRESTRICTIONS, LIKE THE THOUSANDTHREADSWHICH BOUND GULLIVER. ,

1.4.4.4. s ir PREHISTORIC -VirSTO:Ist. 1 1•• •• •

BUT THAT'SHOW IT WAS. THE BRAVE NEW WORLD OF SOCIALISTPLANNING AND CONTROLSHAD ARRIVED, FREEDOMWAS ON THE RETREAT,

TODAY, IT IS SOCIALISMWHICH IS IN RETREATAND vgameamellillillill11111.

CONSERVATISM WHICH IS ADVANCING.



PAGE 32

CONSERVATISMIS ADVANCINGNOT BECAUSE IT IS BEING IMPOSED ON PEOPLE;BUT BECAUSEPEOPLEARE FINDING THAT WHAT WE STAND FOR IS IN TUNE WITH THEIR ••

•••• •• ••

OWN HOPES AND DREAMS.

IT DOESN'TSTRIKETHEM AS A POLITICALDOGMA,BUT )

SIMPLECOMMONSENSE11THAT PEOPLESHOULDWANT TO BUY THEIR OWN HOME /SET ASIDE SOMETHINGFOR THEIR OLD AGE, HAVE SHARES IN COMPANIESTHEY WORK

1 FOR OR BUY FROM/ AND DO THE BEST FOR THEIR f

CHILDREN.

PAGE 33



WHEN SOCIALISTS TRY TO STOP THEM DOING THESE THINGS /1

TO STOP THEM

BUYING THEIR COUNCIL HOUSEITHEY WAKE UP TO THE FACT THAT AT THE VERY HEART OF SOCIALISM IS THE INOT-tN'CT TO ORDER OTHER PEOPLE AROUND

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THIS CONSERVATIVEGOVERNMENTHAS BEEN ENGAGED IN A CRUSADE TO BRING PROPERTY WITHIN THE REACH OF EVERY FAMILY IN THE LAND. OUR DREAM IS THAT WHAT WAS ONCE A PRIVILEGE

Pic:War OF THE FEW, SHOULD BE THE MANY. AND IT IS A DREAM COMING TRUE.

F THE



PAGE 34 ER-LI-61AI

TWO OUT OF THREE HOMES IN TIlECOUNTRYARE NOW OWNER-OCCUPIEDei_

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IF IT HAD NOT BEEN FOR THE ACTIONTAKEN BY THIS CONSERVATIVEGOVERNMENT,HUNDREDS OF THOUSANDSOF PEOPLEWOULD NOT BE OWNING THE HOME THEY DO.



PAGE 3 5

THE SAME IS TRUE WITH SHARES. o...••••••

•oo.mwirw...,

NOT THAT LONG AGO, THE BACK PAGESOF THE FINANCIALTIMES WERE THOUGHTTO BE4 OF INTERESTONLY TO A SMALL BAND OF FINANCIAL EXPERTS. NOT ANY LONGER, PEOPLEWHO WORK FOR BRITISHGAS AND BRITISH TELECOMWANT TO SEE HOW THEIR SHARESARE DOING. AND SO DO MILLIONSOF OTHERS UP AND DOWN THE COUNTRYWHO ALSO BOUGHTSHARES IN THESE AND MANY OTHER COMPANIES- PRIVATISED DE-NAT1ONALISED, BY THIS CONSERVATIVE GOVERN MENT.

PAGE 36

• HAS PRIVATISATIONWORKED? ASK THE EMPLOYEES - OF BRITISH TELECOM, BRITISH GAS, THE TSB - AND FOR EXAMPLE,

THE NATIONAL FREIGHT CONSORTIUM,WHICH WAS • •.1

-

"

PRIVATISED IN 1982, IN AN EMPLOYEE BUY-OUT, AN ORIGINAL El STAKE IS NOW WORTH £46 AND ABOUT 6,000 EMPLOYEES HAVE HOLDINGS WORTH MORE THAN £12,000 EACH, WITH A SIZEABLE NUMBER APPROACHING £100,000. MR, PRESIDENT,THAT ;S SELLING THE FAMILY SILVER BACK TO THE FAMILY.



PAGE 37

HOW HAS ALL THIS BEEN BROUGHTABOUT? CERTAINLYNOT BY SOCIALISM, INDEED,THE LABOURYEARS WERE YEARS OF NATIONALISATION,

NOR BY CONSENSUS. 1111....106isorri.e

MoniliNENS

THE VERY OPPOSITE: BECAUSE

THE LIBERAL

AND SDP PARTIES,WHO LOVE TO TALK OF CONSENSUS /) VOTED AGAINSTTHE PRIVATISATION BOTH OF BRITISH TELECOMAND BRITISHGAS. IT HAPPENEDBECAUSEWE, THE CONSERVATIVES SAID: "THISWE BELIEVE,THIS WE WILL DO." AND WE DID IT. AND THE PEOPLELOVED IT. MR. PRESIDENT,POPULARCAPITALISMIS ON THE MARCH.

PAGE 38

THE OTHER PARTIES- LABOUR,LIBERALS,SDP AND THE REST - WOULD STOP IT DEAD IN ITS TRACKS, AND THROW IT INTO REVERSE.

NOT THE CONSERVATIVES.

AND SO I MAKE THIS PLEDGETO YOU. IF WE WIN THIS ELECTION,AS I BELIEVE WE WILL, THEN, AT THE END OF OUR TRIRDTERM,THERE WILL BE STILL MORE FAMILIES OWNINGMORE PROPERTY. MORE HOMES,MORE SHARES,MORE SECONDPENSIONS AND MORE SAVINGS.

PAGE 39



OF COURSE,THERE WILL ALWAYS BE PEOPLE,WHO, IN THE NAME OF MORALITY,SNEER AT THIS AND CALL IT "MATERIALISM".

BUT, ISN'T IT MORAL THAT PEOPLE SHOULDWANT TO ftermearommangra

IMPROVETHE MATERIALSTANDARDOF LIVING .OF THEIR FAMILIES,BY THEIR OWN EFFORT? ISN'T IT MORAL THAT FAMILIESSHOULDWORK FOR THE MEANS TO LOOK AFTER THEIR OLD FOLK? ISN'T IT MORAL THAT PEOPLESHOULDSAVE, SO AS TO BE RESPONSIBLEFOR THEMSELVES? ISN'T IT MORAL, THAT PEOPLESHOULDHAVE 741=7" MEANS TO SUPPORTTHE CHARITIESWHICH THEY BELIEVE IN?

PAGE 40

To EVERYONEIN THIS HALL, AND TO MOST PEOPLE IN THE COUNTRY,ALL THIS IS OBVIOUS, WHY THEN IS IT A MATTER OF POLITICALDEBATE? BECAUSESOCIALISTSAND THE PSEUDO-SOCIALISTS THINK THEY KNOW HOW TO RUN YOUR LIFE,BETTER THAN YOU DO.

BUT THERE CAN BE NO MORALITYWITHOUT FREEDOMOF CHOICE. THAT IS WHY THERE IS A STRONGMORAL CASE FOR REDUCINGTAXATION.

PAGE 41

IT IS RIGHT AND GOOD THAT WE SHOULDTAKE RESPONSIBILITY FOR OUR FAMILIES. THE DESIRE TO DO BETTER FOR ONE'S FAMILY IS ONE OF THE STRONGESTAND BEST MOTIVESIN HUMAN NATURE. AND IT IS FOR GOVERNMENTTO WORK WITH THAT GRAIN IN HUMAN NATURETO STRENGTHENTHE STRAND OF RESPONSIBILITY AND INDEPENDENCE. IT BENEFITSTHE FAMILY IT BENEFITSTHE CHILDREN IT IS THE ESSENCEOF FREEDOM IT IS A HUMAN RIGHT, TO WORK AGAINSTTHAT GRAIN IS TO STAND MORALITYON ITS HEAD. IT IS THE VERY REVERSEOF A MORALCRUSADE.

PAGE 42



BEWARETHE SCARES

MR. PRESIDENT, THE CONSERVATIVE PARTY IS THE ONLY PARTYFIGHTINGTHIS ELECTION, NOT ON HOT-AIRPROMISESBUT ON THE BASISOF SOLID ACHIEVEMENT. OUR OPPONENTS WILL THEREFORE SWITCHTHEIR

1

ATTACKAND ENGAGE IN A CAMPAIGNOF SCARES AND SMEARS. HOW DO WE KNOW? BECAUSETHIS IS PRECISELYWHAT THEY DID LAST TIME.

PAGE 43

IN MAY 1983, MR HATTERSLEYSAID: "IN A YEAR'S TIME

INFLATIONWILL

BE IN DOUBLE FIGURESAGAIN". IT WASN'T. IT ISN'T.

MRS DUNWOODY,THEN ON LABOUR'SFRONT BENCH, SAID LAST TIME: "IF THE TORIES WERE ALLOWEDTO WIN THIS ELECTIONTHEY WOULD WITHIN FIVE YEARS END THE NATIONALHEALTHSERVICE".

YOU'VEJUST HEARD OUR FANTASTICRECORDON THE HEALTH SERVICE,UNRIVALLEDBY ANY PREVIOUS GOVERNMENT,



PAGE 44

AND MR KINNOCK HIMSELF, JUST TWO DAYS BEFORE POLLING DAY, SAID: "IT IS NOW CLEAR ... THAT A TORY GOVERNMENT WOULD ... INCREASE TAXES".

AND THE TRUTH? WE CUT INCOME TAX. AND HE VOTED AGAINST THE TAX CUTS.

FOUR YEARS AGO, IT WAS ALREADY CLEAR THAT THE LABOUR PARTY HAD LOST ITS GRIP ON REALITY. NOTHING'S CHANGED.

NOWHERE IS A CLEAR-HEADEDAPPROACH NEEDED MORE THAN IN STANDING UP FOR THE DEFENCE OF OUR IC

COUNTRY.

PAGE 45

• STRONG FOR FREEDOM

HOW FORTUNATEWE ARE TO HAVE GEORGEYOUNGERAS DEFENCESECRETARY. HE COMMANDSRESPECTTHE WORLD OVER.

BUT FROM LABOUR,ON THE SUBJECTOF DEFENCE,THERE IS A SUDDEN EERIE SILENCE.

WE USED TO HEAR REGULARLYABOUT LABOUR'SNON-NUCLEAR DEFENCEPOLICY. ABOUT HOW MR. KINNOCKWAS GOING TO EXPLAIN IT TO THE UNITED STATESAND OUR OTHER NATO ALLIES. AND GAIN THEIR ACCEPTANCE.

PAGE 46

• BUT NOW ALL IS QUIET.

NOT BECAUSETHE POLICY HAS CHANGED. BUT BECAUSETHEY HAVE DISCOVEREDHOW DEEPLY UNPOPULARIT IS. AND THEY WANT TO HUSH IT UP.

DENIS HEALEYGAVE THE GAME AWAY - AS USUAL. HE TOLD US THAT THE KREMLINARE PRAYINGFOR A LABOURVICTORY.

PAGE 47

WHO COULD BLAME THEM? THINK WHAT A LOT OF TROUBLE IT WOULD SAVE THEM.

THEY WOULD SEE BRITAIN'SINDEPENDENTNUCLEARDETERRENT SURRENDERED. AND THEY WOULDN'THAVE TO GIVE UP A SINGLE NUCLEARWEAPON THEMSELVES. NOT ONE.

THEY WOULD SEE OUR AMERICANALLIESTOLD TO REMOVE ALL THEIR NUCLEARWEAPONSAND BASES FROM BRITAIN. BUT THEY WOULD KEEP ALL WEAPONSAND BASES IN EAST EUROPE.

PAGE 48

THEY WOULD SEE NATO'S STRATEGY AND COHESION FATALLY WEAKENED, WHILE THEIR DEFENCES WOULD REMAIN INTACT, -

"MINk

YES, LABOUR'S DEFENCE POLICY WOULD BE THE ANSWER TO iflONIFINA.7111•••

THE KREMLIN'S PRAYERS. (4/1/ nuit

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IN ANY CASE, IN THIS ELECTION, OUR JOB IS TO SPELL

OUT THE TRUTH,

.

PAGE 49



AND THE TRUTH IS THAT LABOUR REMAINS THE PARTY OF ONE-SIDED NUCLEAR DISARMAMENT.

THE TRUTH IS THAT YOU CANNOT CLAIM TO BE A LOYAL MEMBER OF NATO WHILE DISSOCIATINGYOURSELF FROM ITS BASIC1STRATEGY.

THE TRUTH IS THAT LABOUR'S POLICIES WOULD MORTALLY WEAKEN THE UNITED STATES' COMMITMENT

TO EUROPE.

THE TRUTH IS THAT LABOUR POLICIES WOULD TAKE US A GIANT STEP TOWARDS A NEUTRAL BRITAIN, INCREASINGLYUNDER THE SHADOW OF SOVIET MILITARY MIGHT.

PAGE 50

I

R PRESIDENT,WE CONSERVATIVES ARE NOT PREPARED TO TAKE RISKS WITH BRITAIN'SSECURITY. WE KNOW THAT NUCLEARWEAPONSHAVE KEPT THE PEACE IN EUROPE FOR FORTY YEARS. THEY HAVE PREVENTEDNOTONLY NUCLEARWAR BUT CONVENTIONALWAR AS WELL,

A STRONGDEFENCEPOLICY IS THE BEST PEACE POLICY.

AND THAT IS WHY WE ARE MODERNISINGOUR INDEPENDENT DETERRENTWITH TRIDENT. LABOURAND THE LIBERALSAND THE SDP WOULD CANCEL IT.

PAGE 51



THAT IS WHY THE CONSERVATIVEGOVERNMENTDEPLOYED ..

CRUISEMISSILES,

ALL THE OPPOSITIONPARTIES- AGAIN, LABOURAND THE LIBERALSAND THE SDP - VOTED IN THE HOUSE OF COMMONSAGAINSTDEPLOYMENT. YET IT IS THE DEPLOYMENTOF CRUISEAND PERSHINGMISSILESIN BRITAINAND EUROPE WHICH HAS BROUGHTTHE SOVIETUNIONBACK TO THE NEGOTIATINGTABLE.

AND NOW WE ARE SEEING PROGRESS. AN AGREEMENTLATER THIS YEAR WHICH WOULD FREE EUROPE FROM THE THREAT OF SOVIET MEDIUM AND SHORTER-RANGE MISSILESIS A REAL POSSIBILITY.

PAGE 52

li kOPLE

KNOW THAT OUR POLICIESOFFER THE BEST HOPE FOR PEACE AND SECURITY. 41111111 •••

THEY KNOW THAT BRITAIN'SDEFENCESARE SAFE ONLY IN CONSERVATIVEHANDS.

PAGE 53

CONCLUSION

FOR THE NEXT FEW WEEKS WE WILLENJOY OR ENDUREALL THE RAZAMATAZZTHAT ACCOMPANIESA DEMOCRATIC ELECTION. THE POLLS WILL CONFUSEUS DAILY. THE POLITICIANSOF ALL PARTIESWILL TALK, ARGUE AND CANVASS. ........01001.00••••• %

THEY WILL LAY OUT THEIR WARES. SOME WILL WARBLE THEIR SIGNATURETUNES, OTHERS PUT ON THEIR MOST PERSUASIVESMILES.

PAGE 54

THEN THEIR VOICES WILL FALL SILENT AND THE BRITISH PEOPLE

WILL QUIETLY CAST THEIR VOTES IN'THE ONLY POLL-THAT MATTERS.

MR PRESIDENT, NO-ONE CAN TAKE THE BRITISH PEOPLE A/

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FOR GRANTED. e-

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NO-ONE CAN BE SURE OF THEIR VOTES UNTIL THE VERY LAST ONE HAS BEEN COUNTED. WE NEVER ASSUME SUCCESS. WE TRY TO DESERVE IT.

tAr

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ic

4-11/1-2:1 )

PAGE 55

THE MANIFESTOWE SHALL LAUNCH NEXT WEEK IS A MANIFESTO NOT FOR A GOVERNMENT,BUT FOR A PEOPLE. IT WILL SPEAK OF EXTENDINGFREEDOMJWIDENING CHOICE,OPENINGDOORS OF OPPORTUNITYFOR

/

PEOPLETO ACQUIRENEW TRAINING,NEW RESOURCES, )

NEW SCOPE FOR OWNERSHIPAND LEADERSHIP. IT WILL BE A MANIFSSTOFOR OUR TIMES.

NO DOUBT OUR OPPONENTSIN THE OPPOSITIONPARTIES WILL LAY OUT THEIR POLICIESWITH FANFARE. C;t..

4v. sL CL-

BUT WE SHALLHAVE TWO INESTIMABLEADVANTAGES OVER THEM.

PAGE 56

OUR POLICIESARE IN TUNE WITH THE DEEPEST INSTINCTSOF THE BRITISHPEOPLE. AND WE CAN POINTWITH PRIDE TO OUR STEWARDSHIP OF THE LAST EIGHT YEARS.

THE BRITISHPEOPLE HAVE SEEN THE GREATNESSOF OUR 00

COUNTRY- WHICH IN 1979 WAS IN A SLOUGH /

OF DESPAIRAND DEFEATISM- REVIVEDAND RESTORED. TODAY BRITAIN IS A STABLE,PROSPEROUS AND WELL-GOVERNEDCOUNTRYWITH A PROUD •

•••• ••••••••••••••• • ...,*

PRESENCEIN THE WORLD,



PAGE 57

WHAT ARE THE ALTERNATIVES? A VOTE FOR THE LIBERALSOR THE SDP?

THAT'S NOT A CHOICE BUT A STEP INTOTHE UNKNOWN, INTO A NO-MAN'SLAND OF CONFUSION, 1;•-A2 Loci(

UNCERTAINTY AND 11011•1• ...10 11

A LABOURGOVERNMENT?

THAT'S NOT A CHOICE. IT'S A NIGHTMARE. BUT A NIGHTMARETHAT MUST BE TAKEN SERIOUSLY, INDIFFERENCE, APATHY,OVERCONFIDENCE, COMPLACENCY,GOING FOR THE SOFT OPTION - ALL THESE COULD BRING IT ABOUT.

PAGE 58

11 OUR CONSERVAITVEACHIEVEMENTS WERE HARD WON. WE DIDN'T RUN AWAY FROM DIFFICULTCHOICES. WE DIDN'T FUDGE THE ISSUES. AND WHEN THERE WAS A CRISIS,WE DIDN'T BACK DOWN. DON'T TAKE ALL THAT FOR GRANTED.

ALL THE IMPROVEMENTSIN THE WELL-BEINGAND STRENGTH OF OUR COUNTRYHAVE ONLY BEEN POSSIBLE BECAUSEWE HAVE HAD A STRONGGOVERNMENT WITH SOUND POLICIESAND A DECISIVEMAJORITY IN PARLIAMENT.

PAGE 59

e IN THIS ELECTION SO MUCH IS AT STAKE,

WE LOOK TO YOUR HELP, YOUR STRENGTH AND THE PEOPLE'S SUPPORT

SrPONA TO ELECT A/DECISIVE, UNITED, CONSERVATIVEGOVERNMENT FOR THE THIRD TIME,

END

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