28 AUGUST 1920, Page 2

It seems that if no Russian paper has arrived at

the office of the Daily Herald, "Not a Bond. Not a Franc. Not a Rouble." has arrived either. Finally, in order to show how much he loves openness, Mr. Lansbury gives a list of the capitalists who hold second debentures of the Daily Herald. Among the names we note that of Zaghlul Pasha, so that if Mr. Lansbury has ceased to be an impartial judge in the case of Russia, he has also ceased to be one in the case of Egypt. Zaghlul Pasha, by the way, is the principal second debenture holder, having invested £5,000. We also note the name of Mr. F. Meynell, a member of the staff of the Daily Herald, who has invested £3,000. It hardly needs pointing out that the publication of these names proves nothing. A man who invests money in the Daily Herald may be investing somebody else's money in his own name. To give his frankness any validity Mr. Lansbury ought to have guaranteed that every one of his shareholders invested out of his private resources.