There is general agreement, it may be hoped, on the necessity of training the inhabit ants of all dependent territories to govern themselves. The noble experiment of establishing the principle of real partner ship between races in the colonies is imperilled because the indigenous population has lost confidence in the objective. In order to restore this confidence there should be no departure from the principle that development must contribute directly and primarily to the prosperity of, and to higher standards of life for, the resident local multi-racial population. However slow the rate of development, Liberals must set their faces like flint against all forms of racial discrimination in British territories. Particular attention is drawn to the Liberal Party's suggestion for the institution of a Consultative Colonial Assembly, meeting periodically, at which representative delegates from colonial territories can confer upon developments with in their territories, freely express their views thereon and work Out practical means for the fulfilment of their aspirations.
Liberal policies are essential to avoid disaster.
By the inflationary policy of two Socialist Governments, continued in modified form by the Conservatives, pensioners and people living on small fixed incomes and the lowest wage scales have been most cruelly penalised. A constantly and rapidly depreciating pound strikes at the root of social justice. The Liberal Party, which made possible the Welfare Society by its early reforms, is maintaining its traditions by calling for a radical attack upon false economic policies which inevitably lead to ever-rising costs of living. First we must be able to compete with foreign manufacturers. Both the big parties are vocal when out of office against monopolies, price rings and restrictive practices.