Editorial

Abstract

SENTIMENT ALONE would suffice to make it a pity that there is so much dissatisfaction with the LA being manifested in this its centenary year by a wide cross‐section of members. If it were examined in detail, the probability is that most of the criticism would boil down to an expression of resentment at increased subscriptions, which have to be found by a section of the population at large which is among those groups most hit by the joint effects of inflation and fiscal drag during the past three years of socialist government. (It ought to be perfectly obvious that if you increase your remuneration from £1 to £1.50 while still producing only £1‐worth of value, you will cross a new tax threshold and pay more tax out of an unchanged £1‐worth of value—but that is what a majority of the electorate voted in 1974 to do, and I therefore find it hard to sympathise with their private grumblings now at the consequence.)

Citation

(1977), "Editorial", New Library World, Vol. 78 No. 5, pp. 83-84. https://doi.org/10.1108/eb038347