Hush, John . . .
JOHN MAJOR has been rallying his back- benchers with talk of inflation and unem- ployment. What with statements in the House, questions, debates, run rounds with the Treasury committee, dead-bat televised exchanges with Mary Goldring and, last week, a gratuitous address to the London Chamber of Commerce which someone must have forgotten to cross out of his diary, he has scarcely enjoyed a moment's silence since he took the job. He should take this opportunity to contract diplomatic laryngitis and let it carry him through to the purdah period which pre- cedes the Budget. Not a word until March. Let the markets guess what he is up to. If he changes his mind, let them guess that too. Things could have gone far worse for him, but he has no room for manoeuvre, and the less he says now, the better chance he has of being right.
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