The annual Guildhall Banquet took place on Thursday evening. Speeches
were delivered by the Prime Minister, Lord Cawdor, Mr. Arnold-Forster, Lord Lansdowne, and the American Ambassador. In replying to the toast of "His Majesty's Ministers," Mr. Balfour dealt mainly with the unemployed problem and with foreign policy. No one doubted the reality of the first evil, but the difficulty was to find a remedy which should not aggravate the disease. Machinery had been provided to prevent the abuse of charity ; but it was little good unless public benevolence made use of it, and he appealed earnestly to his bearers to remember their duty. Turning to foreign affairs, he classed Lotd Lansdowne with the late Lord Salisbury as one of the greatest Foreign Ministers the country had produced. The world was gradually becoming more inclined to peace, and peace was the main interest of Britain. The speech was graceful and appropriate, but contained no political declaration of much significance.
Bank Bate, 4 per cent. Consols (2i per cent.) were on Friday 881.
Previous page
