12 JANUARY 1924, Page 2

That is, of course, eloquent, and we believe it is

sincere, and it certainly deserves and will command our respect till it is proved to be otherwise. The tragedy of such visions is that they filled Mr. Lloyd George's speeches until people, comparing the radiant prediction with the sorry result, came to mistrust such language as a kind of offence. We do not, of course, say this of Mr. MacDonald. He must have a fair chance. He must be judged by reSiilts. We only know that it is within his power to accomplish much, if he really means to forget that he is a Socialist, and to remember only that the nation must be saved.