Healey's "Squeeze the rich until the pips squeak" (1974?)

[bapopik at AOL.COM]

 "Denis Healey" is in the Oxford Dictionary of Quotations, but the two quotes (from 1973 and 1978) don't contain the word "squeeze."

I found the below in the weekend Financial Times. OED is especially good for the 1918 "pips squeak" citation.



Copyright 2005 The Financial Times Limited
Financial Times (London, England)

March 19, 2005 Saturday

SECTION: FT REPORT - HOUSE & HOME; Pg. 16

LENGTH: 1099 words

HEADLINE: Where the tax man fears to tread: Some islands are known for protecting financial assets, but beware of moving just for the accounting reasons, says Lucy Warwick-Ching:

BYLINE: By LUCY WARWICK-CHING
Tax havens became popular with well-heeled Brits in the 1960s and 1970s when the then chancellor Dennis (sic) Healey famously said he was going to squeeze the rich until they squeaked. Today, a steady trickle of people who have made their pile in the UK continue to up sticks and resettle offshore, while wealthy American mainlanders do the same across the Atlantic. Jersey has Nigel Mansell and Alan Whicker, while Bermuda has Michael Douglas and Catherine Zeta-Jones.


(GOOGLE)
LETTERS
... You only have to compare Blair's ideas of a stakeholders' society with Denis Healey's
statement in 1974 that 'we will squeeze the rich until the pips squeak'. ...
pubs.socialistreviewindex.org.uk/sr195/letters.htm - 15k - Cached - Similar pages

CIOT | The Chartered Institute of Taxation: Taxes ancient and ...
... In 1974 Denis Healey, who had declared that he would 'squeeze the rich until the
pips squeaked', increased the top rate of income tax to 98%, an even higher ...
www.tax.org.uk/showarticle.pl?id=1562 - 20k - Cached - Similar pages


(OED)
    b. Phr. to squeeze (someone) until the pips squeak (and variants): to exact the maximum payment from (someone), orig. with allusion to Germany's indemnity after the war of 1914-18 (see quot. 1918).

  1918 Cambridge Daily News 11 Dec. 3/2 Sir Eric Geddes followed up his big meeting at the Guildhall on Monday night by addressing another crowded assembly in the large hall at the Beaconsfield Club on Tuesday night... Dealing with the question of indemnities, Sir Eric said: The Germans, if this Government is returned, are going to pay every penny; they are going to be squeezed as a lemon is squeezeduntil the pips squeak. My only doubt is not whether we can squeeze hard enough, but whether there is enough juice. 1929 W. S. CHURCHILL World Crisis: Aftermath ii. 47 One Minister, reproached with lack of vim, went so far as to say ‘We would squeeze the German lemon till the pips squeaked.’ 1933 Radio Times 14 Apr. 75/1 The Lloyd George Coalition Government..elected..on a programme of hanging the Kaiser, squeezing Germany until the pips squeaked. 1940 S. SPENDER Backward Son 64 A clarion call to the readers of the Daily Sketch to make Germany pay till the pips squeak. 1973 P. O'DONNELL Silver Mistress v. 93 We run an inquiry on a client, and we don't squeeze him till the pips squeak... We just pressure him. 1973 Times 12 Nov. 19/3 In opposition..[Labour] would tax the upper working class until the pips squeak. 1978 Times 15 Sept. 3/3 When Mr Singer was asked how the extra money was being found, he said: ‘The pips are squeaking.’


(LONDON TIMES ONLINE)

"Until The Pips Squeak" German Indemnities In 1918, An Election Phrase Explained (Letters to the Editor) ERIC GEDDES.
      The Times Friday, Dec 15, 1933; pg. 15; Issue 46628; col F
  Sir,--Fifteen years ago, on December 11, 1918, to be exact, I made a speech in the Beaconsfield CLubHall, Cambridge, during the course of a campaign in what became known as the "Khaki Election." Language tended to be heated and exuberant in that election, the restraints of the Great War being over and the economic facts which mellow and subdue as yet unforeseen in any strength and clearness. In that speech I used a phrase which caught the fancy of the moment by giving expression no doubt to feelings and expectations which ran riot in the public mind, unaware of the disillusionment and the wisdom that the years were soon to bring. The phras was this: "squeezing Germany like a lemon until the pips squeak." It has attained unmerited longevity despite my hope that it might have died and been buried with other things born in a passionate election, which though only 15 years ago has seemed at times to be a century past.


The Times, Tuesday, Feb 19, 1974; pg. 4; Issue 59018; col D
     Mr Healey promises action on profits of food manufacturers and retailers From Christopher Thomas. :
Promising to "squeeze property speculators until the pips squeak," he (Denis Healey--ed.) said that Lord Carrington, Secretary of State for Energy, had made 10m (pounds--ed.) profit from selling agricultural land at prices 30 to 60 times as high as it would command as farming land.


A Budget to complete the social contract (News)
      The Times Monday, Mar 25, 1974; pg. 13; Issue 59047; col A:
The TUC has made clear to Mr. Herath and Mr. WIlson, in turn, that workers will moderate their wage demands only if the better off are squeezed until the pips squeak.