7 OCTOBER 1922, Page 13

A LLOYD'S POLICY.

[To THE EDITOR CF THE " SPECTATOR.91 SIR,—I congratulate Mr. W. E. Found on his discovery of another interpretation of the letters "8. G." in a Lloyd's policy. It is as interesting as it is ingenious, and the proximity of the letters to the space reserved for the sum insured certainly enhances its plausibility as a probable solution of the puzzle. After all, however, it is purely conjectural, and as such can only rank with the other suggested meanings referred to in my article.

The story may not be new to Mr. Found, but it is told of the late Lord Halsbury, when Solicitor-General, that on being appealed to when the point was being discussed by sonic of his learned brethren, after expressing the view that no one was in a better position to make an authoritative pronouncement regarding it than himself, he gave it as his op:nion, and it might be taken as the highest legal opinion on the subject, that the letters "S. G." in a Lloyd's policy did not stand for Solicitor

General am, Sir, he., T. MERBERTSON BAIRD. 18 Royal Exchange Square, Glasgow.