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If Mr. MacDonald had honoured his own principles sufficiently to

grant an inquiry and had also had the good sense to volunteer a personal statement to the House of Commons about the undesirability of his having accepted £80,000 from a friend whom he afterwards put in the Honours List—no sensible person associates corruption with Mr. MacDonald, -134 even the most incorruptible person should see that in a corrupt world it is wrong to establish dangerous precedents—the Labour Government might have continued in office to the comparative sat is- faction of the nation until after the next Budget. Mr. MacDonald's temper, however, betrayed him. A Celtic frenzy which drove him into the absurdity of detecting plots and insults when there were none threw him off his balance.

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