10 AUGUST 1929, Page 1

Mr. Snowden is unanswerable in his figures, and we must

all agree with what modesty we can that British money and services have been fairly generously given in the past when demanded by friends who pleaded that their needs ,were greater than ours. It has done us little harm, but while we have felt the pinch since the War, the habit of making demands upon us has grown. L'appetit vient en snangeant perhaps ! Yet against all this, what is the alternative to the adoption of the Young Plan which the Experts said should stand or fall as a whole ? The chaos of uncertainty in Europe, the loss of sympathy in America, ill-feeling among the Allies, despair among the rulers of Germany that they will ever set any definite course for their country. Mr. Snowden must not forget how much greater the half may be than the whole. It may be worth our while a hundred times over to lose a few millions and to gain the benefits of security and the prospects of sta- bility on any agreed plan.