7 SEPTEMBER 1929, Page 1

News of the Week Law or War I F the tokens

are not misleading the Government are going from success to success in foreign affairs. This is the field of their efforts about which we felt most confidence when they-were returned to power. There are few differences among the more imaginative minds in all political parties as to what can be achieved and the way to achieve it. Sir Austen Chamberlain had neither quite enough imagination nor just the necessary boldness to accept what are called risks ; but he came within a short distance of what Mr. Ramsay, MacDonald is doing now. The distinction between the peace policy of Unionists, Liberals, and Labour, indeed, depends entirely upon the willingness to accept these " risks," though for our part we are persuaded that ninety per cent. of the alleged risks are really- signposts to safety. Every innovation can in some accurate sense be described as a risk, but if we do not make up our-minds in this changing world to be hardy innovators we s have to fall back on the infinitely greater risk dMiing arbitrament by war reassert itself merely because *e. have failed to set up a complete machinery of law.