In Edinburgh, on Monday, Mr. Baldwin spoke with his usual
feeling and point about unemployment. He referred to the prosperous condition of the banks and insurance companies, and said that when such prosperity coincided with the unemployment of more than a million men who were walking the streets, the position was " rotten." Unhappily, Socialism had no remedy for unemployment, and had in effect acknowledged that it had not in the House of Commons. Mr. Baldwin then went on, in a passage of the greatest importance, to advocate some scheme of National " All-in " Insurance. What is needed, he said, is that fear of unemployment, sickness, premature death, and the fear of old age should be adequately provided against. " I am convinced it is possible to formulate a scheme which should be satis- factory. I have borne in mind the necessity of preserving both the self-respect and the independence of those who are to benefit."
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