The Waterbury Democrat., 1934-03-28
Conservatives Swing
 To "F.D.R.'s" Policies
Britons Converted By Roosevelt Although Britain's
 Cabinet Is Opposed to Rooseveltism

SerVlC0 to StdIG-COntCOl along Rooseveltian lines but has silently and ffectively placed virtually the entire structure of Britain's farm economy on state-planning basis. Ever since parliament adopt ed the agricultural marekting bill nearly a year ago, Britain's food supply has been subjected to a per- manent authority with dictatorial powers and Elliot is the driving personality behind these schemes.
 Forecasts State Control
 Major Oliver Stanley, minister of transport, apparently believes that q similar development in the in- dustrial life of the country is in- evitable and desirable. Not long ago he told British manufactur-. CTS that they are facing conditions nowadays in which old theories are no longer valid. Predicting more government interference in industry, he tried to placate his anti-socialistic audience by as- surfing them that government in- | tercession should be carried through with a minimum of en- croachment upon the sacrosanct fields of private initiative. But this soothing syrup" did not wash out his forecast of state control of industries.
 | Elliott and Stanley appear to have a new allay in the financial secretary to the treasury. Leslie Hore -Belisha. Like the two former members of the government, Horc- Belisha, personally a "charmer," young, handsome, smartly-dressed, incisively intelligent and inclined to communicating, is looked upon as rising star in the constella- tion of British politics.
 Speaking at the Barnsley Cham Der of Commerce at the end of February, Hore-Belisha asserted that the guiding principle of Brit aims new monetary policy lis Eo use the monetary system to en- sure price level which would re- store and maintain the full activ- ity of industry and employment and harmonize the burden of debts and other fixed charges with economic capacity"
 That statement, striking a pe- culiarly Rooseveltian note, seemed | to contrast with the anti-Roose- welt announcements of Hore Bel isha's chief, Neville Chamberlain, and to go far beyond Chamber lain's rather undramatic announce ment at the World Economic Con- ference that Britain's financial pol icy favored those old monetary chestnuts, cessation of deflation, cheap credit and cooperation among he worlds central banks.
 Publisher Enters Fray
 To this group, which is causing strong Rooseveltian winds to blow both in government chambers and in the parliamentary lobby, must be added the name of Harold Mac milan, conservative member of the house of commons, wealthy direc- tor of the publishing firm that bears his name and an outstanding advocate of state planning.
 | Writing in the London Morn ing Post" the than which" of roundly condemned "the wasteful anarchy of excessive competition | between British producers" and proposed the creation of central economic council to coordinate in- dustrial activities and bring finan- cial and political policy into har- nony with the nations economic | requirements. While avoiding use of the word "code," Macmillan urged formation of national coun- cils for each industry or group of industries.
 With unconscious humor, the Morning Post"-patently eager to offset the iconoclastic views ex- pressed by Macmillan on another page--publishcd an artical by it's Washington correspondent in the same issue, suggesting that Presi- dent Roosevelt is spjending his way to national disaster. But even less standpat organs of the British press have throughout tended to describe the New Deal as fiasco. As though such a pronouncement required bravado, the liberal | Manchester Guardian in an editorial commemorating the first year of Roosevelt's induction into office, boldly admitted that "the National Recovery Act has not been failure"
 Meanwhile, however. the young conservatives ard continually en- larging their influence in the gov ernment and in the country. Their ideas coincide in a marked degree with Roosevelt's and the opera tion of the recovery program has immensely strengthened their po- sition in Britain.