30 DECEMBER 1916, Page 2

In addition to our summary of President Wilson's Note and

to- our comments in our leading columns we must say something here on one point in the Note. It is the passage in which the President tells .uts that all the Powers are " ready to consider the foundation of a League- of Nations to ensure peace and justice throughout the world." This passage and the context• in which it appears show that the President still believes (like Alexander of Russia at the-close of the Napoleonic Wars) that it will be possible by means of treaty engagements to banish war from the world, and at the same time to protect the -rights of the smaller nations.