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Circular notice issued by Lord Lucan for the Parliamentary Labour Party

House of Commons.—Timetable of public business for the week ending 29 Oct. 1960, with other notices.

(Signed as Chief Whip. Mechanical copy of a typed original. Two items have been marked, one about the introduction of Viscount Amory to the House of Lords, the other about a cocktail party to welcome Lord and Lady Listowel.)

Letter from Oliver Lyttelton to F. W. Pethick-Lawrence

Ministry of Production.—Responds to Pethick-Lawrence’s comments in the House of Commons on his own remarks at Farnborough. While it is true that during the war rich people were not adding to the savings of the community, his own interest was rather in the contribution they make to industrial development by financing more speculative forms of enterprise.

Letter from G. D. H. Cole to F. W. Pethick-Lawrence

University College, Oxford.—Hopes that Pethick-Lawrence will be able to join the party going to Russia (see 1/164). The aim is to learn more about the problems of introducing a socialist system, with emphasis on public and industrial finance.

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Transcript

University College, Oxford
16/1/32

Dear Pethick Lawrence,

I was very pleased to get your note, and I very much hope you will be able to go with the party to Russia. I am afraid that, for reasons of health, I shall not be able to go myself {1}; but there will be Leslie, Dalton, probably Cuttall {2}, C. M. Lloyd, Leonard Woolf, Susan Lawrence, H. L. Beales, possibly Somerville Hastings, and one or two others, in addition to Harben. The aim is to make a thorough study, over two months or more, with particular relation to the light thrown on the problems of introducing a Socialist system, and with emphasis on public and industrial finance. Starting late June or early July, and splitting up for investigations. I am in touch with the Soviet Embassy & Moscow now about facilities.

I am away in Oxford for the next week; but C. M. Lloyd or Leslie could tell you all about it, or I could, when I get back. You have, however, most of the information, except that, as soon as we get the group together, and can see our way with Moscow and with enough money to ensure the visit, we want to take on a Russian-speaking secretary and start seriously on preliminary work. But for that we are still trying to raise funds here and get Moscow’s agreement to the visit.

Yours sincerely
G. D. H. Cole

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{1} Cole had recently been found to be suffering from diabetes.

{2} Reading uncertain.

Letter from G. D. H. Cole to F. W. Pethick-Lawrence

‘As from’ 7 Parsifal Road, London, N.W.6.—Sends, for the consideration of the Policy Sub-Committee, a paper recommending that a Labour Government should immediately nationalise the joint-stock banks (see 1/161).

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Transcript

As from 7 Parsifal Road, | London, N.W.6.
1/6/32.

Dear Pethick Lawrence,

Dalton suggested to me that I should see you in order to put before you, with an eye to the L. P. Policy Committee, my view about the Joint Stock Banks; but, as I shall be out of London till next Wednesday, it seems I had better write. I have tried to put down, on a couple of sheets, my reasons for thinking that the new Labour policy, if it is to be effective, must include provision for the immediate taking over of the joint stock banks as well as the Bank of England. I gather privately from Dalton that the Policy Sub-Committee is at present inclined not to take this view. If that is so, I should very much like a chance of backing my own opinion before it if that is possible. I feel so strongly that this is the key question, and that it cannot be bucked at the present stage. For, if I am right in thinking we shall have to tackle the joint stock banks at the start, I think it follows we ought to make our intentions clear at once. It will take us a long time to get our own people to the point of intelligent propaganda on this issue; and it will also take time to combat the fears which the policy will arouse in the minds of certain large sections of the electorate. We want the longest possible time before an election for intelligent putting of our case before the public.

I shall be back in town next Wednesday. Till Monday, my address is Bradfields, Topperfield, Great Yeldham, Essex. Sorry to bother you; but it’s all in the hope of getting the best possible policy for Leicester.

Yours sincerely
G. D. H. Cole

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