 Mosley published this memorandum due to his dissatisfaction of the laissez-faire attitude that both Labour and the Conservative party held and how passive it was to the ever increasing globalisation of the world and thus looked to a modern solution to fix a modern problem.However, it was rejected by the Cabinet, and in May 1930 Mosley resigned from his ministerial position.At the time, the weekly Liberal-leaning paper "The Nation" described his move