28 OCTOBER 1922, Page 2

On Wednesday Mr. McKenna, a former Liberal Chan- cellor of

the Exchequer, and now the head of one of the greatest of English banks, the London Joint City and Midland Bank, gave an address to a meeting of electors in the City of London in support of the policy of Mr. Bonar Law. Mr. McKenna gave his reasons for deciding to do this. Briefly, they were that the country was in imminent danger and that Mr. Bonar Law and the policy he espoused offered the best chance we had of saving ourselves from the perils that surrounded us. " Our foreign -trade, upon which our prosperity largely depends, is," he pointed out, " greatly disorganized, and we have in our industrial centres an appalling degree of unemployment, with all its suffering and human waste, unparalleled in modern history."