Clause IV is part of the , which sets out the aims and values of the (UK) Labour Party. The original clause, adopted in 1918, called for common ownership of industry, and proved controversial in later years; Hugh Gaitskell attempted to remove the clause following Labour's loss in the 1959 general election. In 1995, under the leadership of Tony Blair, a new Clause IV was adopted. This was seen as a significant moment in Blair's redefinition of the party as New Labour, but has survived beyond the New Labour branding.