Sunny money
Sir: Derek Draper should not judge others by his own low, terminally opportunist stan- dards ('Why Murdoch's Sun will rise on the euro', 23 May). Bizarre as it may seem to a former handmaiden of Peter Mandelson, it is perfectly possible that Rupert Murdoch opposes the single currency because he is committed on principle to the idea that those public officials who are charged with making important decisions should be polit- ically accountable at the ballot box. This position would be very much in line, after all, with his well-documented and long- standing anti-monarchist line.
Even if it is the case, as Mr Draper sug- gests, that the Sun's stand on EMU will change once opinion polls indicate a major- ity in favour of entry, does Murdoch really want to run the risk of endorsing a system that could result in high unemployment and a massive tax hike for his own readers?
If the boss of News International is really as cynical and as smart as your contributor suggests, he will play a waiting game to see how the euro works out in practice. He will appreciate, even if Derek Draper does not, that there is more to politics than opinion polls.
Marc Glendening
64(a) St John's Wood High Street, London NW8
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