From Ms Tanya Frisby and

Dr Ian D. Thatcher

Sir: We were disappointed by Tom Stevenson's open letter to George Soros (27 July).

Capitalism exists, why not exploit it? It is not the case that George "humiliated 'us' "; the market is impersonal.

It is also easy to forget the good work that even wunderkinder can do. What of the millions upon millions Soros gave to help the scientists of Eastern Europe and the former USSR? Thank God, these did not have to rely on the "aid" sent by the British government. If this were the case, they would already be unemployed.

Yours etc,

Tanya Frisby

Ian D. Thatcher

Institute of Russian and

European Studies

University of Glasgow

Glasgow

28 July