Mac and Lloyd whisper .sx . EARLY CURB ON THE PROFIT SHARKS .sx By MICHAEL STEVENSON .sx MR SELWYN LLOYD may speed up his plans to catch speculators in shares and property .sx The first hint of the Chancellor bowing to public opinion over his " July Budget " came dramatically in the Commons yesterday .sx Mr. Lloyd said on Tuesday that he proposed to deal in his next regular Budget with some profits which now escape tax .sx Sir Edward Boyle , Financial Secretary to the Treasury , said yesterday that the Government does not like retrospective legislation .sx He went on to describe the kind of people the Chancellor hopes to tax .sx 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 .sx Mr. Harold Wilson , Shadow Chancellor , jumped up to offer the Government an easy passage for such legislation .sx " Why don't you make proposals to legislate in the autumn ?sx " Mr. Wilson asked .sx " We wouldn't call it an Autumn Budget .sx You can call it a Taxation Management Bill , if you like .sx " Nodded .sx While Mr. Wilson was speaking , the Prime Minister and Mr. Lloyd had a whispered conversation .sx They nodded at each other and Sir Edward rose to say that the Chancellor would bear Mr. Wilson's offer in mind .sx Guy Eden writes :sx Treasury experts are already working on the scheme .sx Profits of genuine investors in industry will not be affected , but only quick in-and-out speculator deals .sx FOULKES REFUSES SUICIDE .sx FRANK FOULKES , Communist president of the ETU , refused yesterday to " commit suicide " at the TUC's invitation .sx He was announcing his executive's rejection of the ultimatum to the ETU .sx In reply to the call for his resignation he said :sx " Our rules say that if an official resigns he is not allowed to run again for three years .sx " 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 .sx The terms .sx The other TUC demands :sx 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 .sx These the ETU executive rejected as " wholly unacceptable " and " unwarranted interference .sx " But it agreed to postpone operation of the sub-committees .sx The union now lays itself open to suspension from the TUC followed by expulsion .sx A TUC committee will decide next month at a special meeting .sx UTOPIA 1980 .sx . BUT Mr. K SHOWS HIS TEETH .sx WARLIKE FLOWS THE NEVA .sx 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 .sx 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 .sx The small rocket craft , for destroying big ships , are controlled automatically , even to the preparations for launching their rockets .sx Red NATO .sx 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 .sx " The whole naval might of the Soviet Union can be seen here- a truly inspiring and proud sight , " said Moscow radio's commentator .sx The parade was reviewed by Marshal Andrei Grechko , commanding the forces of the Warsaw Pact countries- the Communist " Nato .sx " He said rocket-carrying atomic submarines now formed the basis of the Soviet Navy .sx As Mac reveals his momentous decision to join the Six .sx LONE TORY MP LASHES PREMIER .sx By MICHAEL STEVENSON .sx MR. MACMILLAN'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 .sx Mr. Anthony Fell ( Yarmouth ) called the decision " shocking " and added :sx " It is the most disastrous thing any Prime Minister has done for many , many generations .sx " MPs SHOCKED .sx He concluded :sx " The best service the Prime Minister can do would be to resign .sx " The outburst shocked MPs of all parties .sx Even close friends were signalling Mr. Fell to stop .sx There were loud cries of " shame " from all parts of the Conservative side .sx Mr. Fell appeared to be in tears as he sat down .sx A few minutes later , Mr. Fell got up and left the chamber .sx He returned five minutes later to stand just inside the doorway looking more composed .sx In the middle of the amazing scene , Mr. Macmillan waved his hand at Mr. Fell .sx This seemed to infuriate Mr. Fell even more .sx " I cannot be told to sit down by the Prime Minister .sx " Protests had been expected from Tory rebels .sx But Mr. Fell's attack was unprecedented .sx He accused the Prime Minister of " political double talk .sx " 'DISASTER' .sx " It had the effect on one former supporter that he now thinks this Prime Minister is a national disaster , " he said .sx Most MPs agreed that Mr. Fell's attack had , if anything , rallied support to the Prime Minister .sx This apparently , was Mr. Macmillan's assessment .sx He confined his reply to the observation that Mr. Fell had probably " maximised his support .sx " There were no other attacks of such ferocity .sx But there was ample evidence of Conservative and Labour opposition , which will be aired in the debate tomorrow and on Thursday .sx As Mr. Macmillan made his announcement , the House was crowded .sx He said :sx " 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 .sx " 'IT'S RIGHT' .sx Near the end of a long statement , Mr. Macmillan stated the Government's intention :sx " After long and earnest consideration , Her Majesty's Government have come to the conclusion that it would be right for Britain to make a formal application .sx for negotiations with a view to joining the Community .sx " At this point , Mr. Paul Williams ( Cons .sx , Sunderland ) called out " Shame .sx " Mr. Williams is a close associate of Mr. Fell .sx 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 .sx MAC SEES EUROPE A COMMONWEALTH .sx By MICHAEL STEVENSON .sx MR. MACMILLAN yesterday looked forward to a Commonwealth- of Europe .sx This was his vision of the Western Europe which he hopes Britain can join through the Common Market .sx But Mr. Macmillan rejected a suggestion that Britain would lose its identity in some future political merger .sx " The concept of a federal system , like the United States , was unreal , " he said .sx " Europe is too old , too diverse in tradition , language and institutions , for that .sx " In tune .sx But a Commonwealth of Europe was much more in tune with their national traditions and ours .sx The Premier was opening a two-day debate in the Commons on the Common Market .sx He claimed that , unless we were in the Common Market , we should not be able to play any part in determining its future .sx " We can lead better from within , " he said .sx Mr. Macmillan dealt with the main objection raised by Tory critics .sx Mr. Anthony Fell , who created a scene on this point on Monday , took up a position almost hidden behind the Serjeant at Arms' chair .sx Tribute .sx Mr. Macmillan said we could be more help to the Commonwealth through the strength we would gain in the Common Market than by isolation .sx He paid tribute to the development of the Common Market .sx " The Community ( Common Market ) has imparted an impetus and an economic growth to The Six .sx Above all , it is an idea which has gripped men's minds , " he said .sx Referring to previous negotiations , Mr. Macmillan looked towards Mr. Reginald Maudling .sx " These were negotiations in which the President of the Board of Trade played a conspicuous part , " the Premier said .sx He dismissed the idea that Britain would be swamped by cheap labour .sx Our industry , he said , would probably gain .sx " Many people feel we have had , perhaps , too much shelter , " he went on .sx " We cannot draw up a precise balance-sheet for our industry .sx " But the balance of advantage probably lay in the size of markets which would be available- something comparable to the United States or Russia .sx Mr. Hugh Gaitskell argued that no final decision should be taken until a conference of Commonwealth Premiers had been held .sx Conservatives protested when Mr. Gaitskell said he had been told in Europe last weekend that we were looked upon as a liability .sx He had been told this " by some people of considerable authority , " he retorted .sx " I agree with the Prime Minister that I do not think we are necessarily bound for federalism in Europe , " he went on .sx Tariffs .sx If we joined the Common Market , our food subsidies would probably be replaced by a system of tariffs .sx " That will mean a rise in the cost of living .sx " YES , IT'S A GOLD RUSH , SELWYN .sx BUDGETTE or no Budgette YOU are spending more as the summer holiday season moves into top gear .sx On the eve of August Bank Holiday the spending spree is at a new all-time peak .sx Note circulation soared for the sixth successive week- this time by more than +15,000,000 last week .sx And that brought the figure to a record +2,415,000,000 .sx This was +100,000,000 more than the corresponding week last year and +37,000,000 up on the 1960 record set last Christmas .sx Now look at the other side of all these coins .sx The big " squeeze " means that it is going to be more difficult to arrange a loan or overdraft .sx And banks will be stricter in recalling existing overdrafts .sx This is underlined in the Central Bank's weekly return .sx . .sx .which shows that more than +163,000,000 of the banks' money is now frozen in the form of special deposits with the Bank of England .sx Banks have paid in a first instalment of almost +8,000,000 in response to the Budgette appeal .sx About another +70,000,000 is due by September 20 .sx For nearly a year about +150,000,000 has been frozen .sx K CRIES I SPY NAZIS .sx MR. KRUSCHEV raises the bogy of German militarism in his replies to the West on Berlin .sx And he repeats that the problem " must be solved this year .sx " The Notes to the Big Three and a memorandum to West Germany were published in Moscow yesterday .sx They tell :sx The U.S.- It is false to say the absence of a peace treaty with Germany causes no real danger .sx West Germany , with its militarists and revenge-seekers , is becoming a hotbed of war danger in Europe .sx Barbarously bombed .sx Even now , aided by the U.S. , Britain and France , it has more than enough forces and arms to touch off a world war .sx BRITAIN- One cannot 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 .sx FRANCE- One can hardly conceive the French are not alarmed .sx . Next door , in West Germany , before everyone's eyes there has sprung up a regular army led by former Nazi generals and officers .sx With fire and sword France denies Algeria the right to self-determination and tramples on Tunisians' right to independence .sx 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 .sx 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's occupation status .sx Behind Bonn's slogan of German self-determination is the intention to impose on East Germany the regime existing in West Germany .sx THOUSANDS SCARED BY K TREK OUT .sx REFUGEES are pouring out of East Germany into West Berlin faster than ever .sx Mr. K's latest speech scared 1,157 East Germans to cross into West Berlin's reception centre DURING MONDAY NIGHT .sx And officials expect the total to leap to 3,000 a day .sx This figure has been surpassed only on the eve of the East German disturbances on July 17 , 1953 .sx And officials fear it may be too much for the city's refugee camps .sx They will overflow and private houses will have to be used .sx