19 JULY 1930

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EDITORIAL AND PUBLISH/NO OFFICES: 99 GOWer Street, London, W.C. 1.—A

The Spectator

Subscription to the SPECTATOR costs Thirty Shillings per (171.71UM, including postage, to any part of the world. The SPECTATOR is registered as a Newspaper. The Postage on this...

The proceedings of the Legislative Assembly were short but significant.

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After a "gesture " of disapproval of the Simon Report, which led to a Government defeat that might have been avoided by better official tactic s , the final resolution of a...

* * * *

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Two passages of the Viceroy's address demand, and have received, especial attention. Lord Irwin's hope " that all schools of thought, whatever the attitude they have hitherto...

News of the Week

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Great Britain and India rpHE more we read Lord Irwin's carefully phrased address -I- with which he opened the Legislative Assembly last week, the more we find to praise in it....

The other phrase on which opinion has fastened both here

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and in India was the clear assurance that " such an agreement at which the Conference is able to arrive will form the basis of proposals which H.M. Government will later submit...

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On Tuesday the amendments to the Coal Mines Bill came

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again before the Upper House. The Commons acquiesced in the matter of the district levy, and the important difficulty between the two Houses was upon the permissive clause by...

The Unionist Party The result of the North Norfolk by-election

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was announced too late for us to comment upon it last week. The great reduction of the Labour majority shows what opportunities the Unionist Party might take if it were more...

France and Europe

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The replies of the European States to the French Government's Memorandum for Federal Union arc, on the whole, colourless and courteous. The common criticism is that the scheme...

The Naval Treaty On Wednesday the First Lord of the

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Admiralty presented in the Lower House the Bill for the ratifications of the Naval Treaty of London. In Washington there is still uncertainty over the same Treaty. At this...

It has had some hard knocks in the Press this

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week. Sir Herbert Samuel has been writing a series of articles in the News Chronicle which bring up to (late the orthodox Free Trade arguments and deal particularly with the...

In the debate on the Road Traffic Bill on Thursday,

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July 10th, the House of Commons passed a clause by which Hospitals should receive payment for accident cases from the compulsory insurance of motorists. It is no more than...

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Sir Frederic Kenyon We must chronicle with regret and with

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gratitude for his services the retirement of Sir Frederic Kenyon from his post of Director and Principal Librarian of the British Museum, at the end of his extended term. In...

The smaller States, of course, reaffirm their objection to any

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extension of the system of " sanctions" and, whatever careful language may be used in the British reply, Mr. Henderson and his advisers cannot hope to escape from a thorough...

The Test Match We cannot even turn with complete relief

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to Australia's popular ambassadors now in England, for the last Test Match was unsatisfactory. The beginning looked like a melancholy defeat for England, and the weather robbed...

Egypt

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The riots in Egypt which we recorded last week led the Government there to forbid some intended political tours of the Wafd, and last Saturday the King issued a Decree by which...

The Colonial Conference

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The Colonial Conference has finished its work in London. A meeting of representatives of the Crown Colonies, Protectorates and Mandated Territories must be of value to the...

Australia Australia, the " Workman's Paradise," where Labour has been

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the undisputed " governing class," has brought herself into a sorry plight at this moment. Besides the general depression, her Trade Unions have done unmeasured damage to her...

Bank Rate, 3 per cent., changed from 31 per cent.

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on May 1st, 1930. War Loan (5 per cent.) was on Wednesday 103 rif ; on Wednesday week, 1031 ; a year ago, 1011, ; Funding Loan (4 per cent.) was on Wednesday 911 ; on Wednesday...

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India—The One Hope for the Conference

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N EVER before can there have been so much beating the air as in the comment by some of the best known figures in British public life on the Indian problem. In this country, of...

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The Licensing Commission

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T HE Royal Commission on Licensing continues to sit and hear evidence, and presumably will con- tinue to do so for a long time. Its tranquil procedure and the Uncertainty of the...

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The Week in Parliament

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THERE was a crisis last week after all. Dr. Burgin, - I - in a well-balanced and carefully reasoned speech, moved a new clause to the Finance Bill to exempt from Income Tax...

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John Bull's Mother

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[Among the copious cogitanda to be prepared for the Lambeth Conference was a report from the popular head of Toe H upon certain new lines of work with men ; but illness then...

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The Future of Democracy

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I F we treat too seriously the rise and the apparent progress of Communism and Fascism it would be an easy matter to capitulate to the theory that Democracy has failed. This is,...

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A Working-Model of Mansoul

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"N ATELwYN Garden City is a bright example, amid V much that is unsatisfying to-day, of the art of getting things done. It is also a striking tribute to the advantage of...

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Headlines

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B Y their Headlines ye shall know them 1 To one who knows somethin g of the habits of mind of different countries, it is a peculiar pleasure sometimes to study the different...

The Country Housewife's Garden

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Y ORKSHIRE housewives have ever been famed as much for their love of g ardens as for their skill in housekeepin g . It is not surprisin g , therefore, that the first book in our...

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The Theatre

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[" Tim SwAx." By FERENC MOLNAR. AT VIE S•r. JAMES'S TnEATnE.1 ArrEn Michael and Mary another gush of sentimentality for the great profit of the St. James's Theatre ? A piety of...

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Correspondence

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A LETTER FROM VIENNA. [To the Editor of the SPECTATOR.] Sia,—Every year, when the fruit trees blossom, there are pro- cessions of motor cars and 'buses and walkers flocking to...

Art

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As a sculptor Mr. Herbert Haseltine is always interesting. In his treatment of animal forms, his work bears close analogies to early Chinese sculpture. There is not, indeed, any...

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The Tramp Ship

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A TRAMP ship from the fog-bound northern sea, Blinding a course through sleet and angry foam, Swung into berth beside the shivering quay, That winter's dawn to bring my lover...

A LETTER FROM BOMBAY. [To the Editor of the SPECTATOR.]

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Sin,—Even the remarkably liberal proposals for self-govern- ment in the provinces are included in the general condemna- tion of the Simon Commission's Report. Attention has been...

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Great Britain and India

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Problem of Indian States The purpose of this page is to ventilate that moderate Indian opinion which, recognizing all the difficulties, yet believes in the continued...

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FLOWER CoLouas.

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Though blue roses and yellow sweet-peas have not yet been Produced by the selectors and hybridisers the expansion of colour proceeds in the making of most garden flowers. Among...

Doubtless the use of the tops for food needs attention

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to detail. In a recent experience where excess of this ration was given to some Friesian cows the animals flourished ex- ceedingly and their supply of milk was large ; but it...

WHOSE PIGEON ?

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I have been unable to find the owners of a ringed pigeon found dead by a correspondent near Downderry, St. Germans, Cornwall. The ring bears the legend Turp 29E 795. Perhaps the...

This - hedgehog was purposely imported to be of service in

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the garden ; but it happens by a curious coincidence that three times within the last month or so I have beard of the Surprising appearance of hedgehogs in gardens, one of them...

Country Life

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YET CEIEAPER LAND. From time to time I have given examples here of the absurdly low price of land in many parts of England. A really pitiful instance is to be added to the...

The farm just sold at £4 10s. an acre was

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known at one time as good land ; but land of this sort of goodness is no longer of value anywhere. It answers to the general description of wheat and bean land ; and nowhere in...

BRITISH SUGAR.

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A certain Cornish farmer who has recently begun to grow sugar beet and is delighted with the crop reckons that the feeding value of the tops is worth not less than £4 an acre. I...

CAT AND BEDGF.HOG.

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A photograph is being taken this week of the queerest animal friendship that ever I heard of. The scene is a house in the same street where the Spertalor is p u blished. Sonic...

A FORESTER'S Exsan•LE.

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It is pleasant, because not common, to hear of progress in any product of English acres ; and for this reason a success of Lord Camden on his Kent property is worth con-...

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GREAT BRITAIN AND INDIA

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Commissioners very properly call the Imperial Army, " if and when " responsibility is established in the Central Govern- ment. This shows that even after India attains...

Letters to the Editor

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THE INDIAN STATES AND THE ROUND TABLE CONFERENCE [To the Editor of the SPECTATOR.] Sin,—Your contributor, Mr. S. G. Vaze, writes ;— " the Princes alone are to be consulted on...

[To the Editor of the SPECTATOR.]

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Sne,—There are many points in Mr. Andrews' article published in your number of June 28th, on which one would be glad to join issue, but with regard to the question of...

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SIKH SEDITION IN THE PUNJAB

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[To the Editor of the SPECTATOR.] Sin,—There is nothing in India at the present time that is more puzzling to an Englishman than the embittered hostility of the Sikhs to British...

"THIS AGE OF PLENTY "

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[To the Editor of the SPECTATOR.] Sin,—It is not unfair to say that the politicians of all parties are bankrupt of any policy adequate for dealing with the un- employment...

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MALTA

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[To the Editor of the SrEer.vron.] Sts,—It is disappointing to find the Spectator joining in the clamour about the" unwarrantable " intervention of the Vatican, for nothing is...

[To the Editor of the SPEcrAvon.] Sun,—The upshot of His

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Grace the Duke of Montrose's reply to Mrs. Hamilton's article " The Labour Party and Protec- tion " is that the " undercutting " methods of our foreign competitors and their...

ABOLISHING STUFFINESS

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[To the Editor of the SPECTATOR.] Sue,--In his article on " Abolishing Stuffiness," published in your issue of July 12th, Major Yeats-Brown makes the statement that ever since...

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A Hundred Years Ago

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THE " SPECTATOR," JULY 17TR, 1830. NEWMARKET JULY MEETING. We cannot better characterize these races than in the words of the reporter : "The meeting has been dull, the...

GREAT BRITAIN AND THE FRANCO-ITALIAN DEADLOCK

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[To the Editor of the SPECTATOR.] have just read your article on " Great Britain and the Franco-Italian Deadlock," and I venture to quote a suggestion which I put into my...

POINTS FROM LETTERS

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A CORRECTION. In your issue of May 3rd you published an article by me on the Opium Policy of the Government of India. In it I stated that It was resolved in 1926 that the whole...

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To J. S. Sargent, R.A., R.W.S. in the " Famous

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Water- Colour Painters" series (Studio, Mr. Martin Hardie contributes an illuminating Introduction upon the artist's technique. Here he differs from Mr. Evan Charteris,...

In The Village Book (Cape, 'Ts. 6d.) Mr. Henry Williamson

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deals with various aspects of life in a Devonshire village over- looking an estuarine and marshy stretch of coast. The present volume reflects the Winter and Spring seasons ;...

Some Books of the Week

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Da. Faro Pums - ros was on the Rum coast from 1882 to 1896 and in African Drums (Gollanez, ITs.) he sets down the kind of life which a trader then had to lead, opening up new...

The Peninsular Journal of Major-General Sir Benjamin D'Urban, 1808 - 1817 (Longnians,

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21s.) is edited by Mr. I. J. Rousseau of the Rhodes University College, Grahamstown— with sonic appropriateness, for D'Urban, one of the greatest Governors Cape Colony ever had,...

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The publishers of Miss Ethel Mannin's Confessions and Impressions (Jarrolds.

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10s. 6d.) are careful to point out that the authoress does not " indulge' in the fashionable; deplorable practice of being sensational at the expense of celebrities." Miss...

It is typical of the vagueness that pervades archaeology that

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Mr. C. E. Vulliamy should tell us that "the first swords of the Early Iron Age were made of bronze," but so far as order can be introduced into the archaeological chaos Mr....

The Competition

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THE Editor offers a prize of five guineas for the best story of not more than two hundred words illustrating local beliefs and superstition: current in the British Isles. The...

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drht *claw

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FINANCIAL SUPP LEMENT BANKING AND INSURANCE WEEK ENDING SATURDAY, JULY 19, 1930. [GRATIS No. 5,3251

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Domestic Development s in American Banking

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ENGLAND has not in recent years produced any very remarkable changes in the physical structure of its financial machinery ; the size and scope of the various constituents of the...

The Business of a Banker

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STATED in few words, the general conception of the business of a banker is the acceptance of deposits and the granting of advances, and to the extent that this is a true...

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Insurance Shales as Investments

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Tim year 1929 was one of the worst experienced for a long time past by insurance companies, and yet only in a single unimportant instance was it necessary to reduce the...

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Bank Shares as Investments

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ALTHOUGH the events of the past year may have provided new and unpleasant experiences for a large section of the investing public, they will have served one useful purpose if...

Bankers and Politics

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THE action recently taken by certain leading bankers of supporting resolutions concerning the fiscal policy in the country has brought up in rather acute form an old-standing...

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Higher Income Tax and Life Assurance

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lloanEas of life assurance policies are in that capacity indirect payers of Income Tax, and in the great majority of cases they pay a higher rate of tax than they do in their...

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Australia's Exchange Crisis

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THERE are not a few in the City who, while sympathetic with the bankers' resolution concerning fiscal policy, - regret that there was not a further resolution appended,...

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London : Printed by W. SPEA1GUT 4ND SONS, Tao., 99

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and 99 Fetter Lane, E.C. 4, and Published by rttc SPECTATOR, Lou, at their Offices, No. 99 Gower Street, London, W.C. 1.—Saturday, July 19, 1930.

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Mont Blanc a nd Matterhorn

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Thomas Aquinas. By M. C. D'Arey, S.J., M.A. Leaders of Philosophy Series. (Beam. 12e. 6d.) As Thomas Aquinas to the peculiar genius of the thirteenth century, so is Pascal to...

Poverty and the State

The Spectator

Poverty and the State. By Gilbert Slater, M.A., D.Sc. (Con- stable. 12s. 6d.) Tins is a very unequal hook. It suffers, moreover, from attempting too much. Mr. Slater has not...

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The Woman in Black

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Hetty Green. By Boyden Sparkos and Samuel Taylor Moore. (Heinemann. 10s. 6d.) Ix this singular and in sonic ways unsatisfactory biography of an odd and terrifying individual,...

Battles Long Ago

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Ma. Km.t.r.rr is already known as one of the most scholarly and interesting of literary critics ; but to his latest task he has brought a quality and range of imagination that...

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To Return to All That

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THE famous protesting question of Father O'Flynn, " Cannot the clergy be Irishmen, too ? " might be rewritten in favour of the class to which Dr. A. P. Graves belongs. " Cannot...

Founding the Commonwealth

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British Colonial Policy in the Age of Peel and Russell. By W. P. Morrell. (Clarendon Press. 25s.) Loan DURHAM'S Report of 1839 is rightly regarded as the starting point of our...

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Fiction

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Different Kinds of Hospitality Rose Anstey. By Ronald Fraser. (Cape. 7s. 6d.) A Room in Berlin. By Gunther Birkenfeld, translated by Eric Sutton. (Constable. 7s. 6d.) John...

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Lord Darling, who is equally conversant with literature and with

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law, commends the discussion of the case of Shylock v. Antonio in Mr. George W. Keeton's Shakespeare and his Legal Problems (Black, 7s. 6d.). The learned author shows that the...

A WONDER FOR WISE MEN. By Wallace B. Nichols. (Ward,

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Lock. 7s. 6d.)—We are here given a graphic account of Henry Tudor's victory over Richard Crookback on Bosworth Field, and of his subsequent difficulties in attempting to enforce...

In Mr. David Strang's The Printing of Etchings and Engravings

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(Berm, 10s. 6d.) the whole process is described in elaborate detail. No step in it, from the setting up of the outfit to the flattening of the finished prints, is missed, and as...

ST. PETER AND THE PROFILE. By John North. (Jarrolds. 7s.

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6d.)—Towards the end of this book; one of its young heroes says to the girl with the profile, "You've been reading too many serial stories." That accusation might be made...

REDHEAP. By Norman Lindsay. (Faber and Faber.

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6d.)—This story of adolescence in a small Australian town is not for every reader. Many Will he repelled by certain of its details, if not by the author's premises. Mr. Lindsay...

THE • INHERITOR. By E. F. Benson. (Hutchinson. 7s.- 6d.)—In

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The Inheritor Mr. Benson is very much himself. He shows the same enthusiasms, the same easy skill in narrative, the same interest in life. The sub-title of the hook is " A Story...

General Knowledge Questions

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OUR weekly prize of one guinea for the best thirteen Questions submitted is awarded this week to Miss H. M. Cam, Girton College, Cambridge, for the following :— Questions on...

The steady progress of the National Art-Collections Fund; in these

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days of crippling taxation and bad trade, is fairly good proof that there are ninny patriotic art-lovers. The twenty-sixth Annual Report issued from Hertford House shows that...

More Books of the Week

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(Continued front page 88.) Ear From London (Richards, 7s. 6d.) takes its title, of course, from the refrain of one of Mr. Alfred Noyes most popular poems. But Mr. S. P. B. Mais,...

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In the preface to the late Mr. Edward H. Smith's

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book, You Can Escape (T. Werner Laurie, 105. ad.) Mr. Edward Hale Bierstadt, who has completed the volume, writes :-- " I have thought that this would be an excellent book to...

Finance—Public & Private

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Manufacturing Sunshine NoT by any means for the first time during the past decade, the Daily Express of last week had a leading article bearing the headline of " Cheer Up ! "...

The present MarqUis (IC Montealm, a descendant of the gallant

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Frenchman who was defeated by Wolfe at Quebec in .1750, the other day unveiled at Greenwich a statue of Wolfe by a Canadian sculptor, Dr. Tait McKenzie. It is of interest - to...

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NATIONAL BANK Or NEW ZEALAND.

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At the recent meeting of shareholders of the National Bank of New Zealand, the chairman, the lion. William Pember Beeves, made some very interesting comments upon financial and...

Financial Notes

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QUIET MARKETS. WE are now rapidly approaching the commencetnent of the summer holiday season, and it is scarcely surprising that markets should be showing a certain amount of...

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LONDON ELECTRIC SCCCESS.

The Spectator

Evidence was afforded during this week of the readiness of the investor to respond to a thoroughly sound stock giving an adequate yield of interest. In the case of the offer by...

Travel

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We publish on this page articles and notes which may help our readers in making their plans for travel at home and abroad. They are written by correspondents who have visited...

STANDARD BANK of SOUTH AFRICA.

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South Africa, in common with other parts of the world, has seen a slackening of trade conditions, and that fact may be held responsible for the moderate decline in the deposits...

CABLES AND WIRELESS.

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In view of the disappointing financial results of the past year, a somewhat stormy annual meeting of the company was almost a foregone conclusion. Nevertheless, the state- ments...