Economist calls for. compulsory arbitration

In its current issue the "Economist" advises the Gov rnment: opt dramatically for a tough incomes policy now. Whe ee rhe would actually be to make the promised incomes legislation stronger han was proposed in September, One suitably dramatic move would be to give the prices and incomes board itself - on its own initiative - powers to im-: pose a veto-on arbitration awards with which it disagreed.” "The Government will say that this is impossible. Indeed, s stions are being bruited about that even the legislation promised inak ester may prove too difficult to enact, The usual whinnies of retreat before the ~ trade unions roll out in loud diapason, They will sound a funeral dirge for any hope that a progressive economic policy may eventually emerge from this’ Labour Government unless they are checked, and checked by the Prime Minister himself, Cannot Mr. Wilson remember that the main economic attraction he offered last year was that Labour would not solve Britain's external problems by resorting to excessive demand deflation, but would use its special relationship with the trade unions to enforce an incomes policy which would attack cost-inflation more directly ? It is time for him to implement this latter policy, and fast,"