My Lords, the noble Lord, Lord Dobbs, in his very eloquent speech opening this debate, said that the referendum is about democracy. We need to be very cautious about the use of the referendum. It is very much against the tradition of parliamentary government. Personally, I am a great admirer of Locke, the champion of parliamentary government, and less an admirer of Rousseau, who felt that the will of the people should prevail in all circumstances and, if necessary, override that of a Parliament.
It seems to me that we now accept the referendum as part of our procedures, but it has to be used very cautiously and it can be justified only if the choice in a referendum is clear. Will that be the case in 2017? It is extremely unlikely. The eurozone is in a state of flux and the European Union as a whole is in a state of turmoil. In the southern states of the Union, there is a revolt against the austerity which they see as imposed on them by Germany and against excessive regulation proposed—or imposed—by Brussels. Germany is right to insist on structural reforms and effective government, but it has pushed austerity too far and the question still arises: will the eurozone survive? I note that Mr Draghi says that it is wrong to assume that the worst is now over. So the question may well arise by 2017: what sort of Europe are we going to have to leave? It will not be clear. Will there be a larger eurozone or a smaller eurozone? The result will have a very great effect on relations between Britain and Europe. Will there be a new banking union and, if so, what form will it take? There probably will be one, but the form is still very uncertain, and it may take a long time to work out the details, yet the shape of a banking union will make a very big difference to the future of the City of London.
What is going to happen in the May elections? It seems quite possible that the extreme anti-European parties in France, Greece, the Netherlands, Finland and, perhaps, the UK, will win an overall majority in the European Parliament. That will have major effects and cause major changes in the European Union as we know it. Will we know the effects by 2017? It is very unlikely. If we are to have a referendum, it is vital to know what sort of Europe we are going to join, and in
the next three years we cannot predict exactly what the implications will be. The only logical reason for having a fixed date now is that the events of the next three years are irrelevant. The only logical reason, in a sense, therefore, is for those who just want out: UKIP and the Tea Party section of the Conservative Party. As Mr Farage has admitted, he does not really care about the economic effects or the effect on jobs and British influence in the world. What matters to UKIP is that in an isolated little England we should be free to keep beastly foreigners out. It is the gut anti-Europeans who really can justify a referendum irrespective of the date.
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