24 JUNE 1916, Page 3

We may add that what strikes us as very sound

is the manner in which the provisions of the Agreement are approached. There is no suggestion that what the Allies are proposing is a method of making themselves rich. Rather it is a method of making themselves secure. They are suggestions for security, not for the amassing of wealth. As long as that is clear, they should not have any injurious economic results. They obey, indeed, the wonderful and inspiring principle conveyed in the passage added to the Gospel of St. Luke in the version known to scholars as "Codex Bezae (D) " : "0 man, if indeed thou knowest what thou doest thou art blessed ; if thou knowest not thou art accursed."