I am starting a Prayer Circle whose Intention is that someone of goodwill and sound Smith-Burkean principles will make the horrible Barclays, who have no interest in publishing but only in money, an offer they cannot refuse for the Telegraph and the Spectator. We also pray that this philanthropist, guaranteed a peerage of course, will restore both journals to Conservative sanity, to the great comfort of the English (sic) people.
In the event that our prayers are answered, Boris Johnson will be Editor in Chief of the Telegraph, Tim Worstall its Economics Editor and Jeff Randall its Business Editor. The new proprietor will encourage Hennessy and Riddell to follow their lodestone and defect to the Guardian. Fraser Nelson is on probation with us for the retention of his present chair. After a promising start, he is not doing as well as one hoped. At least he has youth on his side as well as potential and may, in time, learn.
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