 However, the Conservatives managed to increase their majority, largely due to the Conservatives' exploiting Labour's internal divisions over economics.The Labour election manifesto, drafted by the left, stated that it would raise taxes to pay for an increase in spending, especially pensions, while Gaitskell publicly promised that he would not raise taxes.After the election Gaitskell blamed the Bevanite economic position for the electoral defeat and, in an effort to modernize the party in the face of the Conservatives' electoral and economic successes, attempted to reverse the Labour charter's Clause IV calling for nationalisation.