24 NOVEMBER 1900, Page 2

Lord Rosebery, we see, is strongly impressed with the belief

that rival nations are outstripping us in commerce mainly because they are educated in more modern fashion. That more care, harder work, and more pliability of the American sort would make our commercial classes even more successful, we believe ; but we do not believe that education, old or modern, always increases force for the business of life. We should like to ask Lord Rosebery where, if we are falling behind, he supposes that the eve r-increasing yield of the Income-tax comes from. It certainly does not come out of the land.