24 NOVEMBER 1923, Page 1

With the disgruntled Unionist. Free Traders Mr. Bald- win has

done better. Lord Robert Cecil and Lord Derby have both made speeches which, if they are not exactly inspiring rallying cries to the banner of Tariff Reform, do commend the Government's policy to the country in unmistakable terms. They succeed, in our opinion, in advancing striking reasons for the principle of a tax on imported manufactured goods in these wholly abnormal times, even under the essential principles of Free Trade. Lord Salisbury' has expressed much the same -view in a letter to the Times, and the Duke of Devonshire's adhesion to the Government is apparently unquestioned.

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