Speeches, Interviews & Other Statements

Complete list of 8,000+ Thatcher statements & texts of many of them

1974 Sep 30 Mo
Margaret Thatcher

Speech in Finchley

Document type: Speeches, interviews, etc.
Venue: St Mary’s Church Hall, Hendon Lane, Hendon
Source: Finchley Times, 4 October 1974
Editorial comments: 2000. There is further material in the Barnet Press, 4 October 1974: "Whether there was a voluntary "deal" or an income and prices policy, people would co-operate. "I believe people are prepared to co-operate, are willing to co-operate and want to co-operate," she said".
Importance ranking: Minor
Word count: 225
Themes: General Elections, Pay, Public spending & borrowing, Labour Party & socialism, Trade unions

Labour's response to unions attacked

The Labour Party response is powerful unions was attacked this week by Mrs. Margaret Thatcher, Conservative candidate for Finchley and Friern Barnet.

She told a meeting at St. Mary's Church Hall, Finchley, that most people believed some unions had too much power.

“The Labour Party's response has been simply to surrender to every demand in the hope that in this way they can buy industrial peace.”

She added that this did not lead to fewer days lost through strikes, and therefore the social contract would not mean less industrial trouble.

“If militants seek to defy a social contract, a voluntary policy or a statutory policy, the problem is the same whichever government is in power. Ultimately, it is not governments who pay the price but the people.”


“If very large wage claims are demanded by those who have a monopoly they will turn up in a few months as increased prices for their fellow workers, the housewife and other consumers.

“It would be union monopoly, holding the citizen, not the Government, to ransom.”

Mrs Thatcher said that the Economist magazine had costed each of the three major party policies—and found the Conservative policy cost less and represented a more efficient use of resources available.