30 JANUARY 1926, Page 2

Through the agency of the Scottish National Housing Company, said

Mr. Baldwin, 2,000 steel houses would be built as soon as possible. Such houses would at all events serve until the day when ordinary methods of, building could "catch up with the necessities of the situation." The housing conditions in many Scottish towns were terrible. Those who pretended that the Government desired to injure the building trade were guilty of the "most pharisaical hypocrisy." For the rest, Mr. Baldwin explained that the Government would not dream of allowing education to deteriorate. They regarded money spent on education as- a sound investment, but the prudent investor must from time to time examine his investments to see that the return -was satisfactory. He ended by expressing his belief in a great national recovery— provided that there was no industrial dislocation in the spring. At Sunderland he made a moving appeal for peace in the coalfields with particular reference to Lord Londonderry's fine action. He dwelt relevantly Upon the extraOrdinary public benefits' Obtained from capitalism in America.