4 MARCH 1916, Page 2

Tho groat Guildhall meeting in favour of national saving took

place on Wednesday, but unfortunately the Primo Minis- ter, owing to a bad cold and temporary hoarseness, was unable to attend. The chief speaker, as was of course right and natural, was the Chancellor of the Exchequer, but before his address Mr. G. N. Barnes stated that the country was to be divided into two hundred and twenty-five territorial units. In each of these a local Committee is to be formed to point out to the people of all classes the need for economy, and to organize practical facilities for saving and investing. That, of course, is a thoroughly sound idea. An effort of this kind can only be made by a series of devolution.