22 OCTOBER 1927

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The main concession which General Hertzods Govern- ment has made

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so far is that it is willing to admit the Union Jack to the new flag, but only in such a form that it would occupy a quarter of a small shield placed upon a ground of orange,...

But the point now is not what is dialectically defensible

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but what is acceptable by men and women whose most 'passionate . emotions have been aroused. In these circumstances surely General Hertzog would be wise not to use his majority...

The Soviet Go-v ernment have decided to recall M. Rakovsky

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from Paris and have appointed M. Dovgalevsky, Soviet Ambassador in Tokyo, to succeed him. Those Frenchmen who objected to their Government demanding the recall of M. Rakovsky,...

EDITORIAL AND PUBLISHING OFFICES: 13 York Street, Covent Garden, London,

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W.C. 2. — A Subscription to the SPECTATOR costs Thirty Shillings per annum, including postage, to any part ofs the world. The SPECTATOR is registered as a Newspaper. The Postage...

that it would carefully examine every Opening thaf seemed to

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give any chance of a settlement. He asked whether the Government would promise another Con- ference or set up a Select Committee. As he truly said, a debate in the House of...

News of the Week

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T HE South African House of Assembly met . again on Monday, and has to face the Bills which the Senate rejected last session : the Flag Bill, the Precious Stones .Bill, and the...

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The Home Secretary has appointed the promised Committee to inquire

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into the law and practice in regard to "street offences." The Committee will have a capable chairman in Mr. Hugh Macmillan. When the Home Secretary originally decided to appoint...

Although the Bishop is careful to use the language of

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the rubrics in his open letter, the general effect of it is too savage. He complains of the revival of mediaeval Sacramental teaching, but his language may be objected to on...

The Cartel organization of the mining industry in Germany has

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not, after all, prevented a strike, though it must be noted that the strike of the lignite miners is very orderly and is likely to end soon. Both employers and miners have...

• * * The Bishop of Birmingham has addressed an

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Open Letter to the Archbishop of Canterbury in regard to the interruption of the service at St. Paul's Cathedral last Sunday. The Bishop restates his doctrinal position and...

The passing of the million mark in the building of

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new houses in England and Wales has earned general praise for Mr. Neville Chamberlain. It seems that the millionth house was built some time ago—towards the end of -...

Mr. Ronald McNeil has been appointed to the Chancel- lorship

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of the Duchy of Lancaster in succession to Lord Cecil, and will join the Cabinet. We are glad to read in the Times a strong leading article complaining that the opportunity has...

By declaring that a woman is well known to him

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as a prostitute a constable who gives evidence for the prose- cution at once creates a_prejudice. Under our Stipendiary Magistrates this probably makes little difference ; but...

Page 3

Bank Rate, 41 per cent., changed from 5 per cent.,

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on April 21st, 1927. War Loan (5 per cent.) was on Wednesday 1024} ; on Wednesday week 102* ; a year ago 101/. Funding Loan (4 per cent.) was on Wednesday 85k; on Wednesday week...

Dr. Logan has confessed that she swam only part of

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the way across the Channel, but declared that she had swum the whole way, in order to call attention to the careless manner in which Channel swims are checked. The willingness...

Mr. A. M. Samuel, Parliamentary Secretary of the Overseas Trade

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Department, in in interesting speech last week to the Luton Chamber of Commerce, said that he had no doubt about the future prosperity of our trade as a whole. The general curve...

Mr. Bernard:Shaw has often been in hot water, and, of

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course, likes_ it, but he has not often been in such hot water as now. Recently he reproved the Daily News for a normal Liberal criticism of Signor Mussolini. Mr. Shaw's point...

Mr. Samuel would not, we imagine, deny that this comforting

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argument about houses can be applied to other possessions and services. For instance, the great expenditure nowadays on improving the public health, on education, on' insuring...

Miss Ruth Elder and her navigator, Captain Haldeman, were lucky

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to be picked up by a steamer when their engine failed and they descended on the sea about five hundred miles north of the Azores. An oil-pipe had broken, and the pistons of the...

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The Slums of Westminster

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W E have before us the Joint Report of the Corn- mittees of Housing and Public Health in West- minster, under the chairmanship of Admiral Sir Henry Bruce—" on the statements...

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The Bishop of Birmingham and his Critics AST Sunday in

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St. .Paul's Cathedral there was an which must be described as painful, , . incident ed . whether one regards it from the point of view of the . sincere Canon Bullock-Webster who...

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Open-Air Schools II

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T HE Burnside Special School, Glasgow, accommodates 600 delicate children. At the end of last year 120 were passed out as physically fit for the ordinary schools. The school is...

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Ekctropolis

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MHE Berlin Municipal Electric Light Company is the most exciting thing I have ever seen, as thrilling as a murder, as beautiftd as a glimpse of fairyland. It is, indeed, both...

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The Idea of Reincarnation

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(Next week we shall publish the last article in this series, by Dr. Annie Besant.—En. Spectator.) I NABILITY to remember having lived . before is -I- popularly supposed to...

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Dr. Cyril Norwood, the Head-Master of narrow, finds that "it

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is difficult to pick out three books, and I cannot name those which have influenced my career. Those which have most influenced my mind at fitful stages of youth and have not...

Mr. Bernard Shaw makes a characteristic riposte. " Who told you

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my career was influenced by three books ? Whoever did was pulling your leg." Dean Inge, on the other hand, admits the impeachment and gives our readers these three (indeed four)...

In publishing some of the answers we have received we

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would first thank those who have replied to us, on behalf of our readers, and secondly, we would make it clear that our purpose in publishing the answers is by no means to serve...

Among the greatest of living novelists our readers will certainly

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place Mr. Arnold Bennett, and his selection is very interesting. It is Herbert Spencer's Introduction to the Study of Sociology, Dostoevsky's The Brothers Karairuzzov, Matthew...

Books That Have Helped Great Men

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I N the belief that a symposium of the best minds of the day on that perennially interesting subject, What books are of the greatest value to mankind ? would be of interest to...

Mr. Thomas Marlowe—for thirty years editor of the Daily Mail—writes

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to us as follows : "I do not think I can tell you what books have influenced my career. I have read many authors, but I cannot lay a responsibility upon the dead which the...

Father Ronald Knox said on his post card, "The Bible,

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suppose, is barred ? " and although we did not specifically say so in our inquiries, we expected that our correspondents would take it for granted that a Book so wrought into...

Lord ICnutsford is emphatic, for his post card reads, "No

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books." Lord Charnwood suggests Kingsley's Westward Flo Tennyson's In Memoriam, and The Gospel according to St. Mark. Sir Oliver Lodge cites the following : Smiles's Self Help,...

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Bulbs

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A BULB is the most fascinating thing in the world. It excites expectation, bulges with promise. Philosophers tell us that pleasure lies chiefly in anticipa- tion, not in...

Only one doctor has answered our inquiry. Sir William Arbuthnot

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Lane sends us the following : Mental and Moral Science, by Bain of Aberdeen, Jevons's Logic and the Works of Darwin. The Stage has catholic tastes in literature. Miss Sybil...

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A LETTER FROM THE SOLOMON ISLANDS.

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[To the Editor of the SPECTATOR.] Sin,—In many of the bush villages the natives are still in their wild state, never having come in contact with the various missions. They still...

Correspondence

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A LETTER FROM EAST AFRICA. • [To the Editor of the Semc-raroa.1- Sur,—This year 1927 has seen much of advance in these younger territories and in the further investigation of...

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The League of Nations

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Work for the World's Health HEALTH WORE IN THE TROPICS. In many ways the Health Organization of the League of Nations presents more points of interest than any other instru-...

EXCHANGE OF MEDICAL OFFICERS OF HEALTH.

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The other side of the picture is provided by the system of exchanges of Medical Officers of Health, whereby officials of many countries are enabled to study and profit by the...

RELATIONS WITH SOVIET RUSSIA.

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Another achievement to the credit of the Organization is the establishment and maintenance of official relations with Soviet Russia. The Commissar of -Public Health has actually...

INTERNATIONAL LEPROSY RESEARCH.

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From Brazil, for example, comes the proposal to establish an international leprosy research centre under the auspices of the League, and a Brazilian philanthropist has offered...

THE SINGAPORE BUREAU.

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As for the League's Bureau at Singapore, speakers from Asiatic countries testify year by year in the Assembly to the value of the service it is rendering to public health in...

THE SOUTH AMERICAN CONFERENCE.

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The South American Conference has had results out of all proportion to its intrinsic importance. It was organized by the League in connexion with an inquiry now in progress in...

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HEREDITY IN GREYHOUNDS; It will be interesting to see how

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the use of these laws of heredity affect the greyhound. It is written of him : "The greyhound is the oldest and most conservative of all dogs, and his type has altered...

Another little discovery of science that may help to restore

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Prosperity to our decaying farms has been seized upon by keepers of golf-greens. It is incidental to the new method of treating fodder grasses. That method, discussed every-...

This year St. Luke had more flowers and a greener

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landscape for his festival than is common. Honeysuckle is flowering freely on one Hertfordshire common. The short grass is starred with hare-bells, and close by primroses are...

M,ENDELLAN MAavEts.

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We have been entertaining, too—largely in London— an Imperial Agricultural Research Conference. One of their first visits was to Cambridge, where flourishes perhaps the best...

Sr. LUKE AND ST. MARTIN.

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Why is "St. Luke's summer," born on October 18th, much less popular than St. Martin's summer, beginning on Armistice day ? These two "little summers" are constant on the whole...

Country Life

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CARDE_NERS AND SCIENTIFIC DISCOVERIES. Wherever I have been (luring the last week or so, quaint evidence has met me of the growth of agricultural science in different...

Some years ago while these experiments on converting rubbish into

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Manure were in an early stage, I Visited an English farm where at the same tinie "another experiment in extracting value from rubbish was in process. The farm was a 'dairy farm...

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Letters to the Editor

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AN APPEAL TO BRITISH JEWS: THE REPLY [To the Editor of the' SPECTATOR.] SIR,—As an officer of the representative body of the Jews I beg to answer your "Appeal to British Jews"...

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TRANSLATIONS OF FOREIGN BOOKS

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[To the Editor of the SPECTATOR.] SIII,—As you have very generously cited my name iria footnote to Mr. Eveleigh Nash's letter on this subject in your paper of September 3rd,...

[To the Editor of the SPECTATOR.] Sra,—My attention has been

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drawn to a statement in the Spectator of October 1st that in making my report on the casting of animals for the Jewish method of slaughter I "must have used the word ' cruelty '...

"WHAT THE EAST IS THINKING"

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[To the Editor of the SPECTATOR.] SIR,—In your issue of October 1st you published an article "What the East is Thinking," which moves me to forward to you the following...

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THE HINDU IDEA OF REINCARNATION

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[To the Editor of the SPECTATOR.] Strt.,—I read with close attention and interest the opinions of various writers which were recorded in your journal recently, on the theory of...

THE SECRET OF DENMARK'S SUCCESS [To the Editor of the

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SPECTATOR.] SIR,- 1 ---I have read with great interest the third article, entitled "Scandinavia," which recently appeared in the Spectator. In it you point out how Danish...

FREE VISAS FOR U.S. VISITORS [To the Editor of the

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SPECTATOR.] SIE,—As a result of the efforts which have been made to encourage visitors from overseas to come to Great Britain, there is an increase so far this year of about...

"MOTHER INDIA."

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[To the Editor of the SPECTATOR.] SIE,—I quite agree with Colonel Chrystie that Miss Mayo might have referred to the undoubtedly good and noble side of Indian life. Speaking for...

Page 17

A HOLY WAR FOR WOMEN

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[To the Editor of the SPECTATOR.] SIR,—Miss Margaret McMillan, in her striking appeal to young womanhood in your issue of September 17th, makes some unfounded statements...

A FIRST FOLIO SHAKESPEARE

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[To the Editor of the SPECTATOR.] Sm,—Under the heading "Notes for Collectors," in your issue of September 24th, a statement is made about the Lord Carysfort First Folio...

THE- HOUSING PROBLEM

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[To the Editor of the SPECTATOR.] Sxn;—It may interest you to know that we have built 76 houses this year to let at 5s. -a week rent, 7s. 8d. with rates. We could have let them...

AN INTERNATIONAL HOSTEL AT GENEVA

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[To the Editor of the SPECTATOR.] SIR,—My attention has recently been called to a letter published in your issue of July 23rd last under the above heading and over the signature...

OPEN-AIR SCHOOLS

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• [To the Editor of the SPECTATOR.] Sm,—No one could question the arguments put forward in your columns regarding the future of Open-Air Schools in this country. It has to be...

- "PAUL L" AT THE COURT THEATRE

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[To the Editor of the SPECTATOR.] Sm„—May I be permitted to question certain statements of "T. W.," with regard to Paul I. at the Court Theatre ? Your correspondent is of...

Page 18

• Poetry

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The Yellow Hammer [The Scottish interpretation of the yellow hammer's song is: Deil, dell, deil take ye ONCE, within an elfin smithy Underneath a roof of withy, Lived a...

MRS. RATE OF MILTON COURT

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[To the Editor of the SPECTATOR.] SIR,—May I be allowed to write a few lines about one who for many years was a keenly interested reader of your paper and who never lost an...

THE WEST AND TRANSMIGRATION

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[To the Editor of the SPECTATOR.] SIR,—Your correspondent "S. L. T." asks why transmigration should be of the very essence of the oriental mind and so foreign to Western...

BRITISH HOTELS

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[To the Editor of the SPECTATOR.] SIR,—Your critique of the new issue by Trust Houses, Ltd., of Tales of Old Inns has been brought to my notice and I very much appreciate your...

THE BOILING OF COFFEE

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[To the Editor of the SPECTATOR.] SIR,—Mr. Barrow in the Spectator of September 3rd says, " ascending a mountain, the water may boil at 205°, and the results are good (for...

THE LATE J. ST. LOE STRACHEY

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[To the Editor of the SPECTATOR.] • SIR,—The following resolution on the death of Mr. John St. Loe Strachey was passed at the recent meeting of the Central Committee of the...

READING ROOMS FOR UNEMPLOYED

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[To. the Editor of the SPECTATOR.] SIR,—A correspondent from Birmingham states that my reference to the reading room recently opened in Liverpool is inaccurate. It is the...

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O I) Xhe •$p e ctator 'No. 5,182;] - . WEEK ENDING SATURDAY, OCTOBER

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22, 1927. [GRATIS.

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Foison of the Renaissance

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Leonardo the Florentine. By Rachel Armand Taylor. (The . Richards Press. 31s. 6d.) l'itok flying machines to a roasting spit, Leonardo was always inventing. The passionate...

Three Poems from Heine

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I. IN the wonder-month of May, when buds begin to snap, let my passion have its way, and change my blood to sap. In the wonder-month of May, when all the birds are mad, I made...

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- Oxford

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A History of the University of Oxford. Vol. H. Modern Oxford. By Charles Edward Mallet. (Mothuen. 21s.) SIR CHARLES MALLET has produced the third and final volume of his now...

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Charlotte and Emily

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THOUGH many years have passed since Andrew Lang, in his History of English Literature, said that "the -best book on the Brontes is in French, Les Soeurs Bronte, by Ernest...

Page 27

Very Good Books on Birds To anyone who is not

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already familiar with Lord Grey's reminiscences of birds it is quite impossible to convey the personal charm evident in every page of his latest book, so felicitously named The...

A Hunting Favourite

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The Chace, The Road and The Turf. By Nimrod. A new edition with an Introduction by W. Shaw Sparrow, and nineteen illustrations in colour, half-tone and line. (The Bodley Head....

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Dagger and Jewel

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Life of Benvenuto Ceffini. Translated by H. H. Hobart Cost. (The Navarre Society. 2 vols. 21s.) IN the year 1500 the Republic of Florence was aglow with artistic activity....

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Letters of Madame de Sevigne

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• age of French Literature, is information to no one. But • perhaps it might be said without offence that a great part of %the present reading public has not read the famous...

Fashions Past and Present

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-Modes and Manners of the Nineteenth Century. Translated by M. Edwardes from the German a Dr. Oskar Fische' and . Max von Boehn. Revised and enlarged edition. Four volumes. :...

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The Edgeworths

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The Black Book of Edgeworthstown and other Edgeworth Memories, 1585-4817. Edited by Harriet Jessie Butler and Harold Edgeworth Butler. (Faber and Gwyer. 18e.) MARIA ErmEwoirru...

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London: Printed by W. SPE A fOILT AND SONS, LTD.,

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98 and 99 Fetter Lane, E.C. 4, and Published by THE SPECTATOR, LTD., at their Offices, No. 13 York Street, Covent Garden, London, W.C. 2.-Saturday, October 22, 1927.

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We are convinced that British manufacturers and merchants, could do

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more business within the Empire if they only realized. the potentialities of our Empire markets. We have already. mentioned the pamphlets of Messrs. Dorland Advertising, ; Ltd.,...

Enterprising employers would do well to watch the publica-: tions

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of the International Labour Office at Geneva. These studies and reports, drawn up by experts on the basis of the information supplied by all the member-States of the League, are...

This Week's Books Mn. WYkDIIAld LEWIS, with breathless energy 'and

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a sidelong darting method - of attack, resumes his contemptuous criticism of the thought and art . of his day in Time and Western Man (Chatto and VVindas. 21s.). His main theme...

Mr. Van Vechten's methods recall the Yellow Book. He seems

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to work with dictionary, art catalogue, and menu cards at his elbow in Peter Whiffle : His Life and Works (Knopf.. 18s.). His exquisite and egregious Peter, who haunts the most...

We have received from the Royal Securities Corporation of' Montreal

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a pamphlet setting out Some Objections to the United States Proposals for the St. Lawrence Waterway. The question is exciting much controversy in Canada. The American Government...

General Knowledge Questions

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THE Editor awards the weekly prize of one guinea for the thirteen best "General Knowledge" questions to Mr. J. K. Horsefield for the following :- Kipling Questions 1. Where...

The new term's first Granta is before us, with contributions

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largely from the new Editor, who has enlarged and remodelled the paper. There are some neat book reviews—as that of M. Maurice Dekobra's latest "shocker "—" I do not agree that...

That Indians are by no means unaware of the gross

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faults in their social code, so arrestingly described by Miss Mayo. is evident from The Sex Problem in Indio, by Professor ,N 7 S. Ilhadke, which we have just received from...

:" A . moderate shot, but the best of companions for

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any, kin; cl of day's shooting," This is what Mr. Eric Parker says . of-'a sportsman friend, in Field, River, and Hill. We would say- of _his book that it may or may not come...

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Herr Emil Ludwig's " Bismarck"

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Itismarck : The Story of a Fighter.. By Emil Ludwig. Trans- lated by Eden and Cedar Paul. (George Allen and Unwin. 21s.) IF a fault could be found with Herr Emil Ludwig's...

Quo Vadis in India

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India To-morrow. By Khub Dekhta Age. (Oxford University Press. 3s. 6d.) , . IN this unassuming little book, under a pseudonym in pidgin Hindustani, an observer of the Indian...

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Three Books on Faith

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I Believe in God. By Maude Boyden. (Bonn. 75. 6d.) THE modern man's attitude to religion exhibits two notable characteristics ; he shows a growing interest in religious ques-...

A Glorious Adventure

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Through Tibet to Everest. By Captain J. B. L. Noel. Illustrated. (Arnold. 1,0s. 64.) Through jade Gate and Central Asia. By Mildred Cable and Francesca French. Illustrated....

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Fiction

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Deeps_ and ,Shaltows Whispering Lodge. By Sinclair Murray. (John Murray. 7s. Gd.) LIKE a dewpond gleaming upon the verge of dusk, like the locked pool of a stainless river, so...

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THE MIRACLE BOY. By Louis Golding. (Knopf. 7s: 6d. -

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Also Jedition de luxe of fifty signed copies, 15s.)— Here we have fantasy that is written in so legendary a manner that one feels no more inclined to doubt the authenticity of...

SELECTED SHORT STORIES OF W. L. GEORGE. (Chapman and Hall.

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7s. 6d.)—Admirers of the late W. L. George will find many favourite stories in this representative collection. He was not a cheerful narrator : most of his characters are rather...

"IT "—AND OTHER STORIES. By Elinor Glyn. (Duckworth. ' 7s.

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6d.)—Elinor Glyn has two sets of appre- ciators—the simple souls who take pleasure in a throbbing and florid love-tale set in circumstances of colossal luxury, and the sinful...

THE HOOP. By J. C. Snaith. (Hodder and Stoughton. 7s.

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6d.)—There are no half-measures about Mr. Snaith's novel, The Hoop, in which he paints both his characters and the background of his heroine's life in distinctly crude colours....

SUSY IN THE WORLD. By A. Waddington Seers. (Noel Douglas.

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7s. 6d.)—This story is a family chronicle, simple in theme and manner, but written with considerable sympathy and quiet humour. The two sisters, Chewy and Susy Farr, are well...

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ST. -LRONARDS SCHOOL, 1877-1927. (Oxford Univer- sity Press. 10s. 6d.)-The

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fitinous girls' school at St. Andrews, whose jubilee celebrations were attended the other day by the Duchess of York,- well deserved - to have its history written in this...

Answers to. Kipling Questions

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1. Imperial Services College, Westward Ho . ! (Stalky and Co.) 2. The new dance in The Village that Voted ; The image made by Stalky and Co. in The United Idolaters ; The python...

A Library . List BIOGRAPHY : - Elizabeth Chudleigh.- By Beatrice Curtis Brown.

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(Gerald Howe. 3s. lid.) - Lady Hester *Stanhope. By Martin Armstrong. (Gerald Howe. 3s. 6d.) Paul Vinogradoj A - Memoir. - By the - Rt. Hon. H. A. L. Fisher. (Oxford.-...

Current Literature

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.REMINISCENCES OF A PRIVATE TUTOR. By the ". Rector." (Skeffington and Son: S3.)-This is a little book which should be read by all private tutors and schoolmasters, for under...

This Week in London

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LECTURES. Monday, October- 24th, at 8 p.m.-DisAmmAkENT. By the Rt. Hon. D. Lloyd George, Mrs. Philip Snowden, and Mr. A. Duff Cooper. At the Queen's Hall. - - Tuesday,...

Page 45

The show—taken as a whole—is practical and not spectac- ular.

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Two examples Of the spectacular are Italian, one being the red and cream "Airways Saloon" on a Lancia chassis, the other being a magnificent cream coloured touring Isotta-...

Messrs. Gill and Co., on Stand 53, have a most

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interesting dual purpose body on a standard 21 h.p. Voisin. In effect this is a touring car with saloon qualities. It has a flied partition, and the windows, which have fixed...

Messrs. Hooper and Barkers have adjoining stands and show luxurious

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examples of their craft on some of the larger chassis. A cabriolet de vine on the Barker stand which has been built for the Prince of Wales and is unobtrusively distinguished...

The " Mystery " car is a mystery no longer.

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It is a 17 h.p. Mx-cylinder Morris production. A fully equipped saloon was shown and an engine, both of which have attracted crowds since the doors of Olympia opened. The design...

• For the young members of the family there is

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a £60 car, with four-wheel brakes, electrically driven. This is claimed to run for three hours at a rate of twelve miles an hour. There • are almost no " freak " chassis, but...

For all-round value the Morris Oxford and Cowley still are

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unsurpassed. Their prices have gone down slightly and there are some improvements in body-work for 1928. The new Cowley four-door saloon at 1185 with front wheel brakes and all...

The "Sunshine saloons" are not inspiring the confidence anticipated, probably

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because no one is as yet quite sure they will not let in rain and draughts, and in some cases the appear- ance is clumsy. Like the "All weather" body they are at present a...

Great Britain has still over a million unemployed in her

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population, and every one who pays £300 for a car gives thereby employment to one man for a whole year. If he pays £600 he • has employed two men for a year ; as approximately...

One of the smartest fabric saloons is the little 9

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h.p. Clyno which is offered for £160, and there is also a fabric touring model at 1145. I understand• that this car has been very thoroughly tested out for the past two years...

Rumours of the new Ford are thick as autumn leaves,

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but the following information I believe to be authentic. The new Ford will be taxed at £12. It will have three speeds forward and will be capable of sixty-five miles per hour....

Motoring Notes

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The Motor Show - Up to date this year's show has broken all previous records in the number of cars ordered and sold. Indeed, some popular makes have had their entire output for...

Public opinion has been very definitely shown this year to

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.favour closed cars, and in particular those covered with fabric. Only a modest twenty per cent. of the sales have been open cars. Furthermore the excellence of the engine and...

Messrs. Maddox and Co. show a fine saloon on one

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of the new 32 h.p. Minerva chassis at a cost of £650 for the body. I was struck with the extreme comfort of the seating. One of the front seats could be lifted right out of the...

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FURTHER CONSIDERATIONS.

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At the same time there is, of course, another aspect of the matter to be considered. There are other stocks; which are practically irredeemable, and some of these are creeping...

COI:NZ - VERSION POSSIBILITIES.

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I suppose that more especially there was present to the mind of my correspondent the possibility of the War Loan being converted in 1929, and, of course, it can be admitted that...

MONETARY UNCERTAINTIES.

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And while it may fairly be said that from time immemorial it has been wellnigh impossible to foresee the immediate course of money rates, the difficulty of forecasting the...

"HEDGING."

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Nevertheless, I cannot help thinking that some of the other influences which have to be borne in mind are so • important as to constitute a considerable barrier to the hopes of...

NEW LOAN Acrivily.

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During the past week the most noteworthy flotations have been the issue of the Brazilian loan for 17,000,000, followed by the flotation of the Polish loan for 12,000,000. In...

Finance—Public and Private

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The Investment Outlook "1 WONDER," writes a correspondent, "if I might ask you if you would give those readers of the Spectator who are trustees your opinion as to the...

Financial Notes

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CONTINUED CHEERFULNESS. ALTHOUGH during the past week there has been a good deal in the way of much needed realizations in the Industrial section, the undertone of most markets...

Page 48

A SouND Polley.

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.Concerning _the affairs of the Anglo-South American Bank itself, the chairman had a thoroughly satisfactory'story to tell, and although it has involved a considerable draft on...

CAPTURING SOUTH AMERICAN MARKETS.

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I think that it would be impossible to over-emphasize that part of the specch of the chairman of the Anglo-South American Bank in which 'he drew the attention of British traders...

CUNARD NEW SHARES. ,

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There is no doubt that ordinary shareholders of the Cunard Steam Ship Company will welcome the opportunity to supply further capital in the form of . Ordinary - shares under the...

CONDITIONS IN SOUTH AMERICA.

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As in the case of English banking, the annual meetings- of the big banks in January are interesting by reason of the expo- sition which is then given by experts with regard to...

Insurance

The Spectator

MORE AND WISER SPENDING. BY taking life policies, we spend our money on premiums, and then, after the policy has become a claim, we or our successors find ourselves possessed...