17 FEBRUARY 1933, Page 11

The Second Five Year Plan

THROUGH a misunderstanding a word was inaccurately inserted in Mr. P. A. Sloan's article on "The Second Five Year Plan" in last week's Spectator. In the sentence "The increasing production of wooden galoshes has not kept pace with the great increase in the number of potential galosh. users " the word " wooden" should be excised : the galosh, in fact, not being the wooden sabot often known under that name, but the usual rubber shoe. It may be noted that various decrees which have been issued by the Soviet Govern- ment since Mr. Sloan's article was written have fully confirmed predictions contained in the article.