Tory! Tory! Tory! as it prevented Powell from taking control of the party. Heath had attempted to reduce the power of the trade unions but was eventually beaten by the strikers. Following the February 1974 election defeat former Health Minister Keith Joseph turned against Heath and his neo-Keynesian policies to become a champion of free market economics but lost his position and influence after his controversial "human stock" speech. Joseph's close friend and ally, Margaret Thatcher, put herself forward as the free market candidate in the subsequent leadership election and won a surprising victory. Jay met with Thatcher at a dinner where he
Tory The term Tory is used regardless of whether they are traditionalists or not. Adherents to traditional Toryism in contemporary times are referred to as High Tories. The terms Blue Tory and Red Tory have been used to describe the two different factions of the federal and provincial Conservative/Progressive Conservative parties in Canada. In addition, Pink Tory is used in Canadian politics as a pejorative term to describe a member of the Conservative/Progressive Conservative party who is perceived as liberal. The word "Tory" derives from the Middle Irish word "tóraidhe"; modern Irish "tóraí"; modern Scottish Gaelic "Tòraidh": outlaw, robber or brigand,