28 OCTOBER 1922, Page 2

Mr. McKenna expressed the belief that Mr. Bonar Law realizes

the danger and realizes the only remedy possible. After warning the country against the mad proposals of the Labour Party in regard to a levy on capital and a war on private enter- prise, Mr. McKenna announced that he proposed to support Mr. Boner Law and his Administration. In the present welter of parties Mr. Bonar Law's Govern- ment offered us the. only prospect of stability. It was a brave speech, a wise speech, and a patriotic speech, and we offer our heartiest congratulations to Mr. McKenna. By his action he has raised himself high in the opinion of his countrymen.