THE CONSERVATIVE PARTY AND FINANCIAL POLICY.
- - . [To the Editor of the SPECTATOR.] SIR,—It was Very, interesting to see the letter on the above subject from Mr. W. Allen Young in your issue of August 9th. I take it that Mr. Young is actually a member of the Con- servative Party, and attached to his local or divisional association. Is it not possible for him to frame a resolution to be sent up for discussion at the Annual Conference in October, when I think Mr. Young would be surprised at the amount of attention the subject is receiving from northern members of the party? I am in daily touch with both official and non-official members in both Lancashire and Yorkshire, and have cause to be astonished at the change which has come over commercial opinion during the past twelve months. It was, of course, an accepted axiom that the interests of finance and trade (production) were identical, but recent experience, when one has suffered losses unprecedented in com- mercial history, and the other has- made gains apparently too large to be-presented in-intelligible form, have reopened the question with many leading- members of the party in industrial areas. Cannot those who are conscious of this great rift in responsible opinion within the party do some- thing to have the subject explored by the accepted delegates and representatives in conference ? I believe that a scheme is -being prepared to have the question debated during a series of lectures in clubs and institutes during the coming winter, and nothing can now stop the problem from being of prime importance at the coming and all future elections.
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