8 AUGUST 1908, Page 2

Mr. Winston Churchill and Mr. Asquith—whose address we notice elsewhere—both

made excellent Free-trade speeches, but, unfortunately, we have little to be thankful for there. Any man of intelligence and with the oratorical gift can make a good Free-trade speech, but what is wanted are Free-trade acts and practical loyalty to Free-trade principles. M. Guyot, than whom there exists no sounder Free-trader and no sounder anti-Socialist, made an excellent speech. We wish that politeness to his hosts had not prevented M. Guyot from telling them what he thought of the Trade Disputes Act, the Miners' Eight Hours Bill, the Unemployed Workmen Act, and the Old-Age Pensions Act.