4 DECEMBER 1920, Page 3

Sir Algernon Firth at the Conference said that Mr. Lloyd

George's attitude reminded him of a story he had heard in New York. A man who was badly bit financially decided that he must economize on his household expenditure. He therefore called his family together, laid the situation before them, and asked them to put their heads together and suggest how the household could economize. At breakfast the next morning his family said they had considered the matter very seriously and had come to the conclusion that the only economy they could suggest was that they should use the kitchen matches in the parlour, and that father should work harder. This is really a very relevant story. The Government, instead of recognizing that they cannot and must not spend money which they have not got, persist in saying in effect, "How can we get on without these things we are accustomed to ? "