Turning to home affairs, Mr. Bonar Law declared that the
Irish Treaty must be carried through. He would not make wild promises about reduction of taxation because such a reduction depended entirely upon retrenchment. But he would economize in every possible way. He hoped to help trade and therefore reduce unemployment by developing the trade of the Empire— not by means of tariffs but by organizing Imperial markets to take the place of old markets which had disappeared. Finally, the Government could do a great deal by re-creating confidence. A feeling that peace was secure would instantly mean confidence. Mr. Boner Law's speech was a model of moderate and clear statement. It was the kind of speech that makes the nation feel, what it has not felt for a long time, that it is being dealt with honestly.
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