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concerned in each case show themselves aware of the fundamental factors involvepan the fesive development of the Economy of which they are all members. If the resulting decisions reflect too greatly the pressure of merely sectional interests, economic stability will be endangered and the possibilities of future expansion will be impaired.

32. We all want full employment and we all want stable prices. But we have not yet succeeded in combining the two. The experience of the past ten years has shown that the fuller employment is, the more liable prices are to rise; but the Government does not believe that there is any inevitable conflict between the two objectives. We can achieve them both if certain conditions are fulfilled; and it has been the aim of this White Paper to state what these conditions are, in the belief that a greater awareness of the nature of the problem will contribute to finding a solution for it.