Opposition
After Heath left office in 1974, Davies retained his Parliamentary seat but was not given a post in the Shadow Cabinet. He resumed his directorship of Hill Samuel. From May he took the Chairmanship of the European Scrutiny Committee of the House of Commons, examining the details of legislation, and won a strong reputation for looking in detail at the regulations coming out of the EC institutions. In 1975, Davies campaigned for a 'Yes' vote in the referendum on EC membership.
Davies was nominated by the Conservative Party as a European Commissioner for the term beginning in 1977, but was unacceptable to the Labour government. However in November 1976 Margaret Thatcher decided to sack the unimpressive Reginald Maudling as Shadow Foreign Secretary and appointed Davies to replace him. Mrs Thatcher's memoirs give praise for the effectiveness of Davies' work in the role.
Davies was not a strong supporter of monetarism, although he did agree with Thatcher's view on Soviet expansionism. The major disagreement within the Conservative Party was over Rhodesia and whether to continue sanctions on the government of Ian Smith: Davies believed that Smith was not entirely committed to a negotiated peace and therefore that sanctions should be maintained.
Read more about this topic: John Davies (businessman)
Famous quotes containing the word opposition:
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