Mac and Lloyd whisper &amp;hellip; . early curb on the profit sharks . by Michael Stevenson . Mr Selwyn Lloyd may speed up his plans to catch speculators in shares and property . the first hint of the Chancellor bowing to public opinion over his July budget came dramatically in the Commons yesterday . Mr Lloyd said on Tuesday that he proposed to deal in his next regular budget with some profits which now escape tax . Sir Edward Boyle , financial Secretary to the Treasury , said yesterday that the government does not like retrospective legislation . he went on to describe the kind of people the Chancellor hopes to tax . these are people buying and selling shares within a short period , those stagging on a new issue and property dealers who form a chain of companies and put one property deal through each . Mr Harold Wilson , shadow Chancellor , jumped up to offer the government an easy passage for such legislation . why do n&apos;t you make proposals to legislate in the autumn ? Mr Wilson asked . we would n&apos;t call it an autumn budget . you can call it a taxation management bill , if you like . nodded . while Mr Wilson was speaking , the Prime Minister and Mr Lloyd had a whispered conversation . they nodded at each other and Sir Edward rose to say that the Chancellor would bear Mr Wilson &apos;s offer in mind . Guy Eden writes : Treasury experts are already working on the scheme . profits of genuine investors in industry will not be affected , but only quick in-and-out speculator deals . Foulkes refuses suicide . Frank Foulkes , communist president of the ETU , refused yesterday to commit suicide at the TUC &apos;s invitation . he was announcing his executive &apos;s rejection of the ultimatum to the ETU . in reply to the call for his resignation he said : our rules say that if an official resigns he is not allowed to run again for three years . I have only 2 1/2 years to go before I retire , so this is an invitation from my good friends of the TUC that I should commit hara-kiri . the terms . the other TUC demands : five leading communists must not hold office for five years ; sub-committees set up to strip secretary John Byrne of his powers must disband in ten days . these the ETU executive rejected as wholly unacceptable and unwarranted interference . but it agreed to postpone operation of the sub-committees . the union now lays itself open to suspension from the TUC followed by expulsion . a TUC committee will decide next month at a special meeting . utopia 1980 &amp;hellip; . but Mr K shows his teeth . warlike flows the Neva . the biggest naval show ever seen on the River Neva was staged yesterday by Mr Kruschev as Russia read his promises of a communist utopia by 1980 . among the 60 ships were rocket-carrying craft ranging in size from torpedo-boats to cruisers , and submarines able to strike mighty blows , according to a TV commentator . the small rocket craft , for destroying big ships , are controlled automatically , even to the preparations for launching their rockets . red NATO . applauding on the river banks at Leningrad were thousands now told that in 20 years they will have free food , housing , light , heat , transport and medical treatment - all for a working week of 34 to 36 hours . the whole naval might of the Soviet Union can be seen here - a truly inspiring and proud sight , said Moscow radio &apos;s commentator . the parade was reviewed by Marshal Andrei Grechko , commanding the forces of the Warsaw pact countries - the communist Nato . he said rocket-carrying atomic submarines now formed the basis of the Soviet navy . as Mac reveals his momentous decision to join the six . lone tory MP lashes Premier . by Michael Stevenson . Mr Macmillan &apos;s announcement in the Commons of his momentous decision to apply for membership of the common market provoked a violent personal attack by one - just one - of his backbenchers . Mr Anthony Fell ( Yarmouth ) called the decision shocking and added : it is the most disastrous thing any Prime Minister has done for many , many generations . MPs shocked . he concluded : the best service the Prime Minister can do would be to resign . the outburst shocked MPs of all parties . even close friends were signalling Mr Fell to stop . there were loud cries of shame from all parts of the conservative side . Mr Fell appeared to be in tears as he sat down . a few minutes later , Mr Fell got up and left the chamber . he returned five minutes later to stand just inside the doorway looking more composed . in the middle of the amazing scene , Mr Macmillan waved his hand at Mr Fell . this seemed to infuriate Mr Fell even more . I can not be told to sit down by the Prime Minister . protests had been expected from tory rebels . but Mr Fell &apos;s attack was unprecedented . he accused the Prime Minister of political double talk . disaster . it had the effect on one former supporter that he now thinks this Prime Minister is a national disaster , he said . most MPs agreed that Mr Fell &apos;s attack had , if anything , rallied support to the Prime Minister . this apparently , was Mr Macmillan &apos;s assessment . he confined his reply to the observation that Mr Fell had probably maximised his support . there were no other attacks of such ferocity . but there was ample evidence of conservative and labour opposition , which will be aired in the debate tomorrow and on Thursday . as Mr Macmillan made his announcement , the House was crowded . he said : no British government could join the European economic community without prior negotiation with a view to meeting the needs of the commonwealth countries , of our European free trade association partners and of British agriculture . it &apos;s right . near the end of a long statement , Mr Macmillan stated the government &apos;s intention : after long and earnest consideration , her majesty &apos;s government have come to the conclusion that it would be right for Britain to make a formal application . . for negotiations with a view to joining the community . at this point , Mr Paul Williams ( Cons , Sunderland ) called out shame . Mr Williams is a close associate of Mr Fell . Mr Macmillan said , if negotiations were brought to a conclusion , there would be consultation with commonwealth countries before the matter was put to the Commons . Mac sees Europe a commonwealth . by Michael Stevenson . Mr Macmillan yesterday looked forward to a commonwealth - of Europe . this was his vision of the western Europe which he hopes Britain can join through the common market . but Mr Macmillan rejected a suggestion that Britain would lose its identity in some future political merger . the concept of a federal system , like the United States , was unreal , he said . Europe is too old , too diverse in tradition , language and institutions , for that . in tune . but a commonwealth of Europe was much more in tune with their national traditions and ours . the Premier was opening a two-day debate in the Commons on the common market . he claimed that , unless we were in the common market , we should not be able to play any part in determining its future . we can lead better from within , he said . Mr Macmillan dealt with the main objection raised by tory critics . Mr Anthony Fell , who created a scene on this point on Monday , took up a position almost hidden behind the Serjeant at arms &apos; chair . tribute . Mr Macmillan said we could be more help to the commonwealth through the strength we would gain in the common market than by isolation . he paid tribute to the development of the common market . the community ( common market ) has imparted an impetus and an economic growth to the six . above all , it is an idea which has gripped men &apos;s minds , he said . referring to previous negotiations , Mr Macmillan looked towards Mr Reginald Maudling . these were negotiations in which the President of the board of trade played a conspicuous part , the Premier said . he dismissed the idea that Britain would be swamped by cheap labour . our industry , he said , would probably gain . many people feel we have had , perhaps , too much shelter , he went on . we can not draw up a precise balance-sheet for our industry . but the balance of advantage probably lay in the size of markets which would be available - something comparable to the United States or Russia . Mr Hugh Gaitskell argued that no final decision should be taken until a conference of commonwealth Premiers had been held . conservatives protested when Mr Gaitskell said he had been told in Europe last weekend that we were looked upon as a liability . he had been told this by some people of considerable authority , he retorted . I agree with the Prime Minister that I do not think we are necessarily bound for federalism in Europe , he went on . tariffs . if we joined the common market , our food subsidies would probably be replaced by a system of tariffs . that will mean a rise in the cost of living . yes , it &apos;s a gold rush , Selwyn . budgette or no budgette you are spending more as the summer holiday season moves into top gear . on the eve of August bank holiday the spending spree is at a new all-time peak . note circulation soared for the sixth successive week - this time by more than &amp;pound;15,000,000 last week . and that brought the figure to a record &amp;pound;2,415,000,000 . this was &amp;pound;100,000,000 more than the corresponding week last year and &amp;pound;37,000,000 up on the 1960 record set last Christmas . now look at the other side of all these coins . the big squeeze means that it is going to be more difficult to arrange a loan or overdraft . and banks will be stricter in recalling existing overdrafts . this is underlined in the central bank &apos;s weekly return &amp;hellip; &amp;hellip; which shows that more than &amp;pound;163,000,000 of the banks &apos; money is now frozen in the form of special deposits with the bank of England . banks have paid in a first instalment of almost &amp;pound;8,000,000 in response to the budgette appeal . about another &amp;pound;70,000,000 is due by September 20 . for nearly a year about &amp;pound;150,000,000 has been frozen . K cries I spy Nazis . Mr Kruschev raises the bogy of German militarism in his replies to the west on Berlin . and he repeats that the problem must be solved this year . the notes to the big three and a memorandum to West Germany were published in Moscow yesterday . they tell : the U.S - it is false to say the absence of a peace treaty with Germany causes no real danger . West Germany , with its militarists and revenge-seekers , is becoming a hotbed of war danger in Europe . barbarously bombed . even now , aided by the U.S , Britain and France , it has more than enough forces and arms to touch off a world war . Britain - one can not but wonder at British bases being put at the disposal of those very militarists who razed Coventry and barbarously bombed London and other British cities . France - one can hardly conceive the French are not alarmed &amp;hellip; . next door , in West Germany , before everyone &apos;s eyes there has sprung up a regular army led by former Nazi generals and officers . with fire and sword France denies Algeria the right to self-determination and tramples on Tunisians &apos; right to independence . West Germany - Russia would like to see a clear realization that West Germany would not survive even a few hours of a third world war . the best way to rule out such a tragic contingency would be to sign a peace treaty to remove the cancerous growth of west Berlin &apos;s occupation status . behind Bonn &apos;s slogan of German self-determination is the intention to impose on East Germany the regime existing in West Germany . thousands scared by K trek out . refugees are pouring out of East Germany into west Berlin faster than ever . Mr K &apos;s latest speech scared 1,157 East Germans to cross into west Berlin &apos;s reception centre during Monday night . and officials expect the total to leap to 3,000 a day . this figure has been surpassed only on the eve of the East German disturbances on July 17 , 1953 . and officials fear it may be too much for the city &apos;s refugee camps . they will overflow and private houses will have to be used . 