6 OCTOBER 1950, Page 3

Talking of ultimate truth, I liked the way the Daily

Herald brought starkly home to its readers the news that the nation- alised transport services had increased their annual deficit from £4 million to £20 million. The headline said :- "TRANSPORT TO PAY WAY NEXT YEAR," and the story began : " Britain's Transport . Commission reports a trading profit of £31,294,613 for last year." The more diligent type of reader, on discovering, further down the page and in smaller type, the facts that (a) the net result had been a loss, of £20 million, and (b) " a substantial deficit is also inevitable in 1950," may well have asked himself whether the Socialist politicians, who are always attacking the dishonest and unscrupulous methods of the capitalist Press, ever read the organ of their dwn party.