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    195' BBC Announcer,


    TRANSCRIPT: Interviewer, "Why did you change your mind on steel nationalisation in the very last seconds of the debate.

    Wyatt, "Well because Mr Brown made it absolutely clear in his speech that there was an entirely new situation, there was fluidity and movement and give in the air, and that if the industry would concede the absolute control, which the government and myself think is necessary over the industry, and bring forward a plan by which that could be done with less than 100% ownership, leaving thus a private shareholding element in it, we should listen to that plan now, that struck me as a tremendous break through to a new kind of approach between the government and industry and it seemed to me that this last paper was not the last, and now the industry has the ball in its court its up to them to seize the opportunity, to see if we can't reach a permanent settlement, to take steel out of politics altogether and I think if the industry is wise they can now do it.

    Interviewer, But the steel bill is pretty well drafted, are you suggesting that this is going to be altered now for you.

    Wyatt, I am not saying anything about myself, I am only saying that I think there's a realization in the Labour party in the government and in the industry and even in the Tory party, that we cannot go on kicking the steel industry from one side to the other, nationalizing denationalizing, we have got to find a way to reach a permanent settlement, and I think the way is now open to do that, I don't think there is any urgency for the steel bill.

    Interviewer, Well if the steel bill is the basis of the white paper then will you vote against it. I don't want to discuss hypothetical questions, I think we are now on the threshold of something tremendously important in the relations between government and the industry in our modern life and I don't want to do anything to spoil it.
    266 ft



    Interviewer, Mr Donnelly good to see you after your unexpected adventure of going through government lobby.

    Donnelly, Well it was, we had to make up our minds between two flicks of a cigarette butt.

    Interviewer, This is absolutely true is it, Mr Mcleod I hear just reports that this is a splendid non-event, that it was a put up job, really this is not true.

    Donnelly, No there have been discussions but we were not certain if Mr Brown was going to say it, or not. The essential point is this, that it means that the whole thing is back in the melting pot. We are now committed at least to more discussions, and really it becomes a matter of whether you want a Labour government or a conservative government in office. Because its all back in the melting pot, I think Mr Grimond is right this may well be the end of steel nationalization, and if it is I shall be heartily glad.

    Interviewer You would now expect it to be postponed as a bill, while we go into this new stage and have these discussions, or produce a bill different from the one we have been expecting, based on the white paper.

    Donnelly, Well the government is not committed to changing it and of course I am not absolutely clear about this, I saw my friend Fred Lee just now on the screen, I have not the slightest intention of voting for a bill within 100% nationalization and I am sure this is the same with Woodrow as well, he made it very clear in the house, he said he would vote against it I wouldn't go so far as to say that, I said my intention always has been to abstain, but I should have thought that it does mean that they have got to think again.
    329 ft


    Script is copyright Reuters Limited. All rights reserved

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