28 DECEMBER 1974, Page 4

Correspondents are advised that their letters are more likely to

be read, and indeed more likely to be printed, if they are brief and to the point.

C. Gordon Tether

Sir: As an avid reader of both The Spectator and the Financial Times, may I first express my thanks to you, Sir, for having printed what I .assume to be a 'banned' Lombard column from the FT. If nothing else it ranks as a remarkable 'first.' It needed the perceptive pen of C. Gordon Tether to deflate the sham and the myth of the so-called 'moderates.'

Having said that I am bound to refer to your introduction to Mr Tether's worthy piece which, if not in so many words, clearly implied that this distinguished writer's work has — on numerous occasions—been banned by the FT. If this is so [can only conclude that all the current talk in newspaper editorial circles of the threat to a 'free press' to be little short of a mockery.

For myself, I had always concluded that the non-appearance of the Lombard column in the FT indicated that the writer was ill. It now seems that my 'get well soon' card should be addressed to the Editor of the FT and not to the esteemed MiTether.

• In the Meantime let's have more banned Lornbard within the covers of The Spectror. Not only does it make sense, it al o makes good reading. H. J. Yates 14 Royal Crescent Court, Filey, North Yorkshire.