NEWS OF THE WEEK.
THE chief event of the week has been Mr. Lloyd George's speech on Tuesday, in which he stated in considerable detail the general policy of his Administration. In the first place, Mr. Lloyd George dealt with the German peace proposals. Last week we expressed the hope that he would hand the Kaiser back the " poisoned chalice " which had been offered to the Allies. This Mr. Lloyd George did very effectually, using, we are glad to see, the wise and noble words which Lincoln used to meet overtures from the South of a character similar to those now made by Germany, words which we placed as the text of our leading article on " Reparation " last week : " We accepted this war for an object, a worthy object, and the war will end when that object is attained. Under God I hope it never will end until that time."
