Leading article: Presidents past

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US Independence Day was marked in London with the unveiling of a 10ft bronze statue of the late US President, Ronald Reagan, outside the US embassy. To which there is only one rational response: why? At least it was not funded by the British taxpayer. On the other hand, if the project had depended on British money, there might well have been no statue at all. The only home-grown contribution was Westminster Council's decision to waive a rule that requires someone to have been dead for 10 years before qualifying for a public statue. Which prompts thoughts about who might justifiably qualify for such a dispensation. How about Mikhail Gorbachev – the man who really ended the Cold War?

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