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The Conservatives' approach to Britain's economic and financial problems is well to the left of the policies followed by their pre-war predecessors. Britain's is a managed economy to an extent that would shake the late Stanley Baldwin and the present Secretary of the Treasury in Washington. Mr. Macmillan and his ministers are not secret readers of Pravda. They are political realists who understand the changes in power which have taken place in Britain, who understand that the Council of the Trades Union Congress is as important today as the Federation of British Industries.

The Labor Party, it often seems, suffers from an inability to understand the changes that have taken place in their opponents. It may be, as Socialists contend, that the changes are only a façade hiding the greedy, imperious capitalists beneath. But to an outsider it seems that the Labor Party pays too much attention to the surviving extremists of the Tory party and not enough to the venturesome, progressive younger men who will inherit the party. Surely the appeal of the Conservative Party to the electorate is based more upon the personalities and policies of these rising stars than upon the reactionaries of the right wing.