LETTERS TO THE EDITOR
From : L. Sefton, D. G. Bridson, Frederick Rosen, Frank Hodgson, With Frischauer, 1. 0. Bailie, William Warbey, MP.
After TSR-2
S',----The destiny of an invaluable British industry is imperilled. With it, its exemplary highly profitable export record, and a future potential which only shortsighted parochialism, or lack of any technical knowledge or imagination, could rashly disregard. Our aerospace industry represents a vitally important section of our creative technological dynamism, and impractical theories that the gifted technical minds can be diverted or controlled, by forcing them to seek other activities within another field of tech- nology in Britain, are completely fallacious—as Significantly illustrated by the exodus of 168,000 of Our finest expensively-educated technicians over the past six years, with an additional 50,000 that will emigrate this year to more realistic widcawake nations. A great achievement for the powerful pro- US pressure group which has so effectively operated for many years within the UK and NATO!
The heavy 'straw which threatens to break the back of our financial camel' is the myopic absurdity of borrowing money 'on favourable credit terms' to make extravagant purchases of US aircraft, missiles and electronic systems at the expense of UK aero- space companies who are then further handicapped by even higher taxation to subsidise their trade rivals. We should have learnt well the bitter lessons of the Past that have caused the real decline in our share of world markets arising from similar failures to sup- port advanced and imaginative British concepts, far too technical for the lay minds in control to compre- hend. Now, the entire nation must endure more drastic taxation as a result of the trade situation created L. SEFTON Premier Precision Ltd, Bracknell. Berks
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