The full argument must appeal to quantum mechanics, because classical physics cannot give a microscopic explanation for the existence of rigid bodies, and this is precisely what is needed here.
However, I do believe Bell brings in enough classical arguments to show that the string will break when considered wholly from the point of view of the launch frame.
First he notes the electric field of a moving charge is not the same as that of a stationary charge. Thus the equilibrium state of a moving rod cannot be the same, and if the rod is stressed to start with, then the stress must either increase or decrease. It is not obvious (to me) which happens, but certainly the stress cannot stay the same.
To argue that the stress increases, Bell calculates (strictly wrongly, but I think correctly enough, and he discusses this in the text) the equilibrium radius of a negative charge orbiting a positive charge, and shows the equilibrium radius is smaller, which argues that the stress on the moving rod increases.
Bell, "How to teach special relativity" in
http://books.google.com/books?id=FG...eakable+and+unspeakable&source=gbs_navlinks_s
Also useful is Fitzpatrick's "Fields due to a moving charge"
http://farside.ph.utexas.edu/teaching/em/lectures/node125.html