Europe Jun98: Speech delivered to the Eastern Region Euro Constituency final selection meeting on 13th June, 98 at 11.00 a.m. at Newmarket.
in 1930, said:- “We are
with Europe but not of it. We are linked, but not comprised. We are interested and associated, but not
1948, he said:- “If Europe,
united, is to be a living
force, Britain will have to play a full part, as a member of the European
most of us, would agree with
Churchill, about Britain’s role in Europe.
here and in Europe, need economic prosperity, based on low inflation. They
need stable jobs, and a measure of social welfare. They need peace, in
their country, in the EU and beyond.
EU, cannot achieve these, by
forging overnight, a political
can succeed - by evolving, as a trading community
of nations. Harmony and understanding, between nations, based on diversity
of each, offer a better way forward, for Europe in the 21st
is a trading
nation. For our trade, the Far Eastern countries, or the Commonwealth, cannot
take the place of the EU, because:-
Our EU trade, constituting 60%
of our total trade, is growing faster
than with other countries.
Our EU trade, helps us, secure business elsewhere
in the world.
is our European trade, which
attracts Japanese and American investors to Britain. Clearly, trade
with Europe is vital for our jobs and prosperity.
we are facing major constitutional change
in the United Kingdom.
new, power sharing assembly in
Northern Ireland, this year, a new Parliament,
with tax-raising powers in Scotland, next year, reform of the House of Lords, proportional representation, for EU
elections, and maybe, for
reforms, challenge and undermine,
our long-cherished assumptions, about the role of our national government,
and British identity.
decentralised Britain, will
weaken Westminster, and reduce the
influence of Conservatives, in Parliament. Britain, like others in Europe,
will end up with a coalition government, with the Liberals, holding the balance of power!
the lines of authority, between Brussels and Westminster, are blurred.
There is a voluntary redistribution of power, through committees of national
experts, who devise blueprints for change, and who, with the blessing of the Council of Ministers, “run”
countries, such as Ireland and Finland, benefiting financially at our
expense, do not hesitate to embrace everything
the EU offers.
Brown, has committed Britain, in
principle, to the Euro, without
securing a seat, at the top table of the European Central Bank! Such
commitment, has devalued the promised referendum, on the pound.
tills in the bars at Westminster, are being changed, to receive the Euro!
British companies like ICI, and Marks & Spencer, will conduct
business in the Euro. The Inland Revenue, will accept income tax returns,
calculated in the Euro.
today, is paralysed, by doubt
and lack of action. Britain tomorrow
– with Blair and Brown calling the tune, at Westminster, - will abandon
the pound, thereby, drowning Conservative concerns, about the nationhood
out of 15 members of the EU, excluding Britain, will adopt the Euro next
year. The GDP of this Euro-zone is $6300bn,
compared to $8000 of US, $4000bn of Japan and a mere $1000bn of the UK.
markets change fast, making predictions difficult. Nobody, can predict how the Euro will fare. If it collapses, our
trade, will suffer badly. Thousands
will lose their jobs. There will be a recession
in Europe, and beyond.
the other hand, a successful
capital market, in the Euro-zone, will bring liquidity, and investment to these
11 countries. Lack of exchange rate risk, will allow American and Japanese
investors, to switch from Sterling in London, to Euro-deposits on the
the German Exchange, DTB,(Deutsche Terminborse), based in Frankfurt, has taken
away, from London, substantial
business in futures.
central bankers are promoting the switch, from LIBOR to EURIBOR, taking
away even more business from
London. Next year, the world’s central banks will adopt the Euro, as
their reserve currency, leaving
Sterling to wither.
just six weeks, since the 11
countries signed the agreement, to adopt the Euro, Sterling has lost
8% of its value, against the DM, and more is to come! The value
of Sterling, against the Euro, is determined, not
by us, but by the European Central Bank – a bank - led by a
Dutchman, controlled by a Franco-German syndicate, and in which, we have no say!
role, as the financial centre of Europe, will diminish. Foreign investment
in Britain, will shrink, affecting badly,
employment in our industry.
in Europe, must insist, that Britain, is
at the top table, of the European Central Bank. Our partners in Europe,
must not lock us out! We must lead,
in formulating policy, promoting our priorities, values and aspirations.
We must be ready to exercise, any
option, in our interest. I believe, this
is the Conservative way forward, to take Britain, to the top
of Europe’s, Economic Premier League!
most of us here today, I am against,
a federal Europe – concocted by ambitious French and German politicians,
supported by a group of, easily bullied
small nations, and administered, by faceless
men in Brussels.
Last year, the British public
rejected us, because, we were openly
divided on Europe. If victory,
is to be ours in future, we must stop,
fighting each other, stop,
feeding the media, with our different
views, and stand together, as a
us play our full part, as Churchill said, and develop the EU- as a community
of nations –a community which promotes trade, not
political union; a community which respects, the national diversity
of member states; a community which seeks enlargement,
to spread prosperity throughout Europe.
us, imprint and emboss this hallmark,
of Conservative values, on EU
development, so that, all of us
can benefit from Europe.
of you here today, represent the grassroots of our Party in Eastern
Region. You stand on the
doorsteps, irrespective of the weather. You
take the political pulse of our people. You know how they feel. Therefore, you have a right to be consulted, and to
be involved, – not once every
5 years, at election time - but on a regular
basis. I look forward, if selected, to strengthen
this bond of common purpose.
Eastern Region, I am
determined, to rattle the
bureaucrats in Brussels, to secure funding for our roads: the A11, A12 and
A47. I shall fight hard, for our agriculture and
tourism, which must also
benefit, from EU aid.
opportunity to serve, is a
challenge for me, not a perk!
My commercial experience in
Europe, coupled with the determination, to fight hard, will, I promise you, ensure a Conservative
victory for our Party, our Region, and our Country!