24 NOVEMBER 1923, Page 2

In contrast with Mr. Lloyd George's fulminations, the official Liberal

programme is painfully mild. It is, indeed, extraordinary that a great Party can go to the country in an election which is, -for good-or ill, being fought on the issue of unemployment without any one definite proposal which 'it even claims will-remedy the ill. There is, indeed, one hint in the Liberal manifesto where it is said that "the country has made enormous sacrifices to restore the national credit, and a bold and courageous use should be made of that credit on enterprises that should permanently improve and develop the 'Home Country and the Empire." If this vague hint had been developed into a specific, detailed -and scientific currency policy on the lines of Mr. McKenna's proposals, then, indeed, the Liberals would have had as thorough and as far-reaching a remedy for _unemployment as the other two Parties. But they feared to .talke- the plunge, and so-have largely spoilt their prospects, in many other ways so favourable, at the neoming polls.

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