Sir: In his article Lord Thorneycroft draws attention to the
political pressures which have persuaded recent governments to increase public expenditure, and pay for this by inflationary means, in order to buy votes; and he sees salvation depending on a politician being found who is prepared to stand on principle against these pressures. Clearly he pins his hopes on Mr Healey.
It is tragic that a Tory Chairman should seek salvation in a political opponent rather than in a former colleague, Enoch Powell, who not only joined him and Nigel Birch in 1957 when they resigned from a Conservative administration which lacked the courage to Pay the price of an honest currency, but who subsequently, and all but alone, spoke out against the inflationary excesses of the Heath government. But then, as with Churchill in the 'thirties, the Conservatives have ostracised Powell.
Noel Paulley Lieut. Commander RN(Rtd), Corfu, Cardiff Road, Creigiau, Cardiff
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