SECRET
SECRET
capability and of an adequate industrial base for defence would
become virtually impossible. Further more detailed examination of
the industrial consequences of reductions to these lower levels of
savings, and especially the net effects on employment and the
industries concerned, should await a Ministerial decision on the
broad level of expenditure for defence; in advance of such a
decision, the number of permutations are too great for reasonable
analysis.
- 73
SECRET
SECRET