11 AUGUST 1928, Page 2

The Times has had two tentative articles suggesting that an

impartial Commission would be a better way of reviewing our fiscal policy than could be found in political party strife, and hinting that we should possibly be in a better position to bring down the admittedly excessive Continental tariffs if we had a general tariff as our own weapon, a tarif de combat as they say abroad with a very slightly different sense. We infinitely prefer for guidance the earnest pleading, implicit in all their findings, of the far-seeing and experienced members of the World Eco- nomic Conference, that those nations which have done most for the prosperity and wealth of the world by fos- tering the free exchange of goods, should not reverse their policy by fighting tariffs with tariffs, but persevere in their wiser course of keeping before the opening eyes of Europe the example of freedom, which is worth more than precept and is infinitely less dangerous to themselves and others than methods of combat.

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