system to continue to work for the economy. $500 million or 55% of reserves are soheld at present.
February 26, 1964, page 47.
Money cannot be converted into houses or trained teachers or hospitals at thetouch of a magic wand.
There are limitations to our physical and intellectualresources.
February 26, 1964, page 51.
A glimmer of light is better than no illumination at all.
February 26, 1964, page 52.
Revenue has increased in this way is in no small measure, I am convinced, due toour low tax policy which has helped to generate an economic expansion in the faceof unfavourable circumstances
February 26, 1964, page 53.
If one accepts that in general social services should be made available to all on thebasis of ability to pay, one has the choice of two opposite principles of action,although they need not be mutually exclusive
either progressive taxation and freeservices or fees covering costs with remission for those who cannot afford them.The former method is appropriate, in my view, in rich developed countries where theprinciple of progressive taxation can be applied without unduly adverse economic or social results, and the wastes inherent in full and free services can be afforded. Inless advanced or poorer countries, where neither economy nor society is geared toprogressive taxation and waste cannot be tolerated, fees remittable in case of needseem to me clearly more appropriate.
February 26, 1964, page 54.
Many of our services cost more than do similar services in Europe, because,although we have a substantial quantitative deficiency of public services, thedecision-takers and policy-makers, both inside and outside Government as I havesaid before today, being themselves from the better-off (to use a popular euphemism) sectors of our society, not only demand the highest standards of provision of public services to meet what they consider their own essential needs(for example, in public car parks); but also find it difficult to think of provision for therest of the population in terms of standards relative to our real total resources.
February 24, 1966, page 72.
It seems to me that we have three choices; first, public services of high standardand cost but of limited scope, leaving unfilled a substantial part of the present gap,not necessarily benefiting those in real need and benefiting many who are not inneed at all (this has been our historical approach); second, public services to meet