15 DECEMBER 1923, Page 13

DOWN TO FUNDAMENTALS.

[To the Editor of the SPECTATOR.] SIR,—There are to-day two real political parties, the one consisting of those who believe in individual initiative with its reasonable reward, and the other of those who do not. No deep question of principle is involved in the rival policies of Free Trade and Tariff Reform : with the Capital Levy they are mere questions of expediency, as are most of the problems that to-day form artificial lines of demarcation between groups whose part of agreement quite outbalanees the differ- ences they employ to keep them apart.

To maintain these artificial barriers between those in substantial accord on essentials will mean that when the real battle comes, as come it must, we shall not know friend from foe, with disastrous results. Will not the Spectator attempt so to instruct an electorate faced under the present system of parties with a long prospect of political deadlock or com- promise, followed some day by a complete reversal of our social system at the hands of a compact and undistracted minority ?—I am, Sir, &c.,

ALEYN LYELL READE. Treleaven House, Blundellsands.