On this last point, the editorial line moved from initial support to bitter opposition by 1912. As "The New Age" moved away from Fabian politics, the leaders of the Fabian Society, Beatrice and Sydney Webb founded the journal "The New Statesman" to counter its effect in 1913, and this, combined with the growing distance between Orage and the mainstream left, reduced its influence. By then, the editorial line supported Guild socialism, expounded in articles by G. D. H. Cole and S. G. Hobson among others. After World War I, Orage began to support the Social credit theory of C. H. Douglas.