Mr. Snowden's Meaning Mr. Snowden's gloomy financial declaration of Wednes-
day, February 11th, was so much plainer about the dis- ease than about the remedies that no one was surprised when a special meeting of the Parliamentary Labour Party was summoned for Tuesday to hear some explana- tion from him. Had he, for example, implied that cuts in wages were necessary ? And if not, why had he spoken of " disagreeable sacrifices by all," and why did he seem to prepare the way for this universal affliction by saying that Cabinet Ministers had consented to a reduction of their own salaries ? Mr. Snowden's explanation may be summed up by saying that though he was as depressing as ever about the financial state of Great Britain he dis- avowed some proposals which he was supposed to have made. For the rest he left his Party still in a mist.
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