1 JULY 1949, Page 22

FORGOTTEN FORMULA

SIR,—Janus quotes "a plain and sober formula enabled Sir Stamford Raffles in 1819 to transform the desolate island of Singapore into a world market-place almost overnight. . . . Its main ingredients were, freedom of trade, stability of government and efficiency of administra- tion...." Those same three ingredients would work wonders in England in 1949 ; but how can we get under a Socialist Government which does not believe in the first, is unable to produce the second and is afraid to enforce the third ?—I am, Sir, yours faithfully,