Mr. Asquith has succeeded in bringing the cab-owners and cab-drivers
of Lond n to terms. Both were tired of the struggle, agreed to accept Mr. A splith's "mediation," and
after a long haggle arrived within a shilling a day of each other. Mr. Asquith then relinquished the part of mediator for that of arbitrator, and induced both parties to agree that his award should be final. He gave as his decision that the maximum charge should be 16s. a day, declining with the change of the seasons to a minimum of 10s., and that there should be no yard-money. This was accepted, and on Thurs- day the drivers returned to work. The men, it is said, gain by the decision an average increase of Os. a week, while the masters hope to save nearly as much by rigidity in exacting their dues. If this is true, the settlement is an excellent one, for the men really did not earn enough ; but we suspect that the pressure on large owners will be severe, that they will lower the quality of their cabs, and that in a year or two a strike from their side will compel the public to make some addition to the tariff.
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