20 JANUARY 1906, Page 3

Mr. Chamberlain in his speech at Nuneaton on Tuesday after

condemning the ingratitude and fickleness of Man- chester, went on to say:—" Mr. Balfour in or out of Parliament is our leader. Now that he is out of Parliament be is more our leader than ever. No other man has deserved so well of the Conservative and Unionist Party; there is no other man to whom we look With so much confidence to restore us to our old position when the present delusions of the people have disappeared." Mr. Balfour's absence, he added, would only be for a. short time. "We, as friends and followers who have shown him loyalty in the time of his prosperity, will show him greater loyalty now that he is, at all events for a period, to go through the waters of adversity." Turning to the lesson of the polls, Mr. Chamberlain said that his Fiscal policy had been rejected, and foreign nations, our competitors, rejoiced in his defeat; but he and those who believed in Fiscal Reform were prepared to go on to two, and if that were not enough, to three, four, and five Elections; as long as he lived he would carry it on, and after he was gone there would be plenty to follow in his steps. Mr. Chamber- lain, in Alan Breck's words, is truly "a bonny fighter."