Common Market Warning
Page 56
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THE Common Market was the greatest problem to the British vehicle manufacturing industry, said Sir Bertram Waring, president of the Motor Industry Research Association at a M.I.R.A. luncheon in London last week. He warned that if there were to bea,ny reciprocal trade agreement with this country, local manufacturing must take place.
At last, he said, the financial course of M.I.R.A. was settled, and it had been settled for five years. They could plan in a proper and objective way now.
The Minister of Transport, Mr. Ernest Marples, referred also to British industry c20 and the export markets. He said that this country would continue to face import difficulties because it was not ahead of its competitors technically. He made five points.
The first was that we should foster the natural inventive genius in this island; secondly, that we must act on the findings of research, such as that carried out by M.I.R.A. Thirdly, that action should be taken in selling and in maintaining equipment abroad. Fourthly, that there should be a harmonious and close relationship between industry and politicians; and fifthly, that engineers should more often become administrators as well.