ABSTRACT
There is one final aspect of Parliamentary activity about which some careful thinking is desirable. Since 1945, to the already publicly owned and operated postal, telegraph, and telephone services, the Government has added the public ownership of the Bank of England, together with that of six other industries. The steel industry has already been nationalised, though the fulfilment of the Act will depend upon whether the Labour Party is given a second lease of power. It is widely agreed that the day-to-day operation of these industries should remain in the hands of the Boards of these Public Corporations, with Ministerial responsibility only for the general framework of policy within which he orders the Corporation to work subject only to the overriding will of Parliament. That overriding will, has come to mean a debate in each year on the Annual Report of the Board to the Minister who is responsible for its working, those debates have been workmanlike and illuminating.
