24 DECEMBER 1921, Page 3

It is gratifying to record the conclusion of a friendly

political and economic agreement between Czecho-Slovakia and Austria. The Czechs are fortunate in their statesmen. President Masaryk has steadily worked for a real peace at home and abroad, and his Premier, Dr. Berms, has assisted him most loyally. Their country has already regained much of its old prosperity, but they have seen that it could not flourish while its neighbours were in a state of confusion. The new agreement provides for the removal of the frontier barriers that made trade almost impossible and for an increased supply of coal to Austria. The two countries are to refer disputes to the League of Nations. It is the best news that we have had from Central Europe for a long time. Austria's other neighbours should hasten to imitate the good example set by the Czechs.