2 FEBRUARY 1974, Page 5

S iege economy t Si r: It is astounding that a sensible e.arnal

like The Spectator, after the etPos of the slump and economic th-'s of the 'thirties should revert to Ire °IlY of national protectionism. Its doSerlption for Britain's economic tarilculties are a siege economy, with th,,f_f barriers re-erected and beggarco'hrieighbour policies. If there is one ee,2trY that would court inevitable prn-oolnic disaster by pursuing the de-Posed course, then it is Britain, tr,P,,endent as it is on international fr,7e unhampered by discrimination 411, our customers. fe Spectator dismisses the sober 4ments of the costs of pulling ill,,`4,111 out of the European Corn51t,'4,4Y, published in New Europe by • John Pinder, the head of PEP. It 4410 tetv.ar,Y dismisses the views of 84 per re,' of leading British companies, tir'rted in the Economist, that claim Or benefits flowing to them from lbr,'S' membership, and equally claim wo'nt outside the Community they

lose out seriously.

"e Spectator's hostility to the 14°Peari Community would carry virfht if it were backed by persuasive Whkehnee and not by blind prejudice, You is all that seems to emerge from r editorials.

Philip Zec clr, New Europe, lA Whitehall t co. London SW1