I am in favour of sensible, well argued extensions of public ownership. ... But I am also in favour of a healthy, vigorous and profitable private sector. We do and shall depend upon it to provide a great part of our jobs, our exports and our production. And if we allow a mood of sullen uncertainty to build up in that sector we shall lose more than we shall gain by the sensible and necessary extension of the public sector. (Roy Jenkins)

I am in favour of sensible, well argued extensions of public ownership. ... But I am also in favour of a healthy, vigorous and profitable private sector. We do and shall depend upon it to provide a great part of our jobs, our exports and our production. And if we allow a mood of sullen uncertainty to build up in that sector we shall lose more than we shall gain by the sensible and necessary extension of the public sector.

Roy Jenkins

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