20 JANUARY 1923, Page 2

Now that the fall of the late Government has brought

to an end what an ironic historian, versed in the ephemeral literature of 1918-19, will have learnt to call "the period of reconstruction," we are at last beginning coolly to examine the industrial situation. Two important con- tributions to the effort to create an informed public opinion on industrial questions were made in last week's daily Press. The first was a letter in the Times of the 18th from Lord Weir, and the other the second of a series of articles which Lord Milner is contributing to the Observer.