A..CONSPIRACY OF EXTRAVAGANCE.
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The': cartoonist hits off the situation unfortunately only too truly, and, the reason is not far to seek—namely, that the horse is seldom a favourite one-for Election times, for the-simple reason that-its merits are never truly perceived. Forverr Many- years:noii-eaeh appeari to hal-,e vied .with-the( Other. .M promising the masses of the people certain great benefits which are to be achieved throughtbesteady.pressure upon the direct taxpayer and upon the capitalist,' in partietilar, and it has now come to this-that-there seems to have been a kind of general agreethent reached between the various parties in assuring the-public that further economy in the National is"impoSSible 'Without touching `` Social Services;" and that any reduction in that. direction is Something which will not admit of discussion. It is the kind of argu- ment sometimes used in public -company finance until the shareholders,. at last growing restive at the absence of dividends;appoint. a committee of investigation, when it is usually found that there are plenty of opportunities for reforms calculated to save the company's position and bring back prosperity. to 'the. shareholders.,
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