27 DECEMBER 1969, page 24

The Curb On Public Spending

Sir: Surely Nicholas Davenport (13 Decem - ber) is being unduly uncritical when he takes for granted that public-sector investor necessarily entails the 'creation of useful......

Down In The Dumps

JOHN BULL New York—On Wall Street the prevailing mood is gloom. Share prices have been slip- ping back day after day. As I write they stand at their lowest level since October......

Letters

From Brian I. Mapletoft, Alfred Sherman, Charles Anderson, Fritz Bopp, I. F. Taylor, I. M. C. Yates, Ralph Rochester, W. S. Howard. Youth and the seventies Sir: One conspicuous......