16 NOVEMBER 1918, Page 3

Mr. Nicholson suggests that the compact has been arrived at

on the tacit understanding that the Coalition shall continue to act upon it during a two-year period of reconstruction. The voice of Labour has not yet been heard, but the Labour split is an accom- plished fact. We write before the result of the National Labour Conference on Thursday is known, but though certain Labour leaders may stay on with the Government, the Labour Party proper will probably be in opposition in the next Parliament. Although there are aspects of this situation that we do not like, we fully and freely recognize that the most fortunate conclusion of the war has left Mr. Lloyd George in an extraordinarily strong position. As our readers know, there have been several occasions during the war in which we have thought it necessary to find serious fault with Mr. Lloyd George ; but as things are, it seems to us an extremely strong probability, if not almost a certainty, that Mr. Lloyd George, with the great record of success attached to his name, and with all his buoyancy and, persuasiveness and the undiminished freshness of his personality, will make an irresistible appeal to the nation.