27 OCTOBER 1923

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CHANGES OF ADDRESS.

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We particularly request our Subscribers to notifY us early in the week of any change of address to which their SPECTATOR is to be sent. Notice of any such change received later...

The balance of the speech would have been quite perfect

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if General Smuts had also said something about the blame that rightly attaches to Germany for her reckless and unscrupulous financial policy in the period before she entirely...

General Smuts said that the present situation in Europe was

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never contemplated or intended by anybody at the Peace Conference. " We arc back in August, 1914, again. It is again the scrap of.paper." Something must be done to prevent...

NEWS OF THE WEEK.

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W E cannot praise too highly the speech which General Smuts made to the South African Luncheon Club in London on Tuesday. Such a speech excites both pride and gratitude. At last...

The amount demanded from Germany, General Smuts continued, must be

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reduced to a reasonable sum. For- tunately, there was already something like agreement on that subject, but it would also be necessary to allow Germany a moratorium, probably of...

At this Conference the Governments themselves should be directly represented.

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Neither the Reparation Com- mission nor even the Council of the League of Nations should be made responsible. The business was " one for principals not for agents." lie knew...

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Mr. Harvey, the American Ambassador in London, at a farewell

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dinner given to him by the Pilgrims on Tuesday, said that America was willing to " come in " to the affairs of Europe. She could hardly be expected, however, to smash in the...

Mr. McKenna recommended that that policy of careful watchfulness in

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order to prevent either deflation or inflation being carried too far should be adopted herd :=- " When unemployment is - greatly in excess of the normal we should abandon...

The Yorkshire Post of Monday printed a hitherto unpublished letter

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which was written by Mr. Wilson when he was still President of the United States to Mr. Lloyd George. This letter provides a complete justification—though to sensible people no...

It is indeed encouraging to see the opinions which we

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have expressed confirmed so strongly and clearly by such an authority as Sir Erie Geddes. Out of the heat of the whole involved controversy it is slowly becoming plain that the...

On Wednesday Mr. McKenna delivered an important address to the

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Belfast Chamber of Commerce. After paying a warm tribute to the achievements of the Northern Government of Ireland under Sir James Craig, he passed on to a discussion of the...

On Tuesday Sir Eric Geddes made a speech at Glasgow

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which embodied so much financial good sense in so short a space that the mere reading of it must almost compel agreement. Sir Eric Geddes's first point was particu- larly...

After all, we have had no examination of financial policy

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since the famous Cunliffe Committee, whose- policy still dominates the situation, though the condi- tions on which it was based have completely changed. Naturally Sir Eric...

As regards inter-Allied debts General Smuts, though he approved of

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a generous remission of debts in principle, pointed out that it would be a fundamental mistake to remit debts if money thus gained by France was going to be used for the further...

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The Imperial Conference has been considering Empire communications. The crux

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of the situation is, of course, wireless. It is two years now since it was decided to create an Empire wireless chain of high power stations erected here for direct...

Bank Rate, 4 per cent., changed from 8 per cent.

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July S, .1928 ; 5 per cent. War Loan was on Thursday. 10211; Thursday week, 102 /1 .; a year ago, 98k.

This week Dr. Masaryk and pr. Benes, the President and

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the Foreign Minister of Czecho-Slovakia, are the guests of the British Government. These are the two men who above all others have laboured for the recon- struction of Central...

A revolution has broken out in Greece against the Government,

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which is itself, of course, revolutionary in origin. The news is -heavily censored, but it seems that the Government has been successful in suppressing most of the concerted...

It is good news that an important agreement has been

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made between several big British grain broking and shipping firms and the Wholesalers' Co-operative Society, on the one side, and Centrosoyus (the Russian Co-operative :Society)...

Papyrus was beaten by Zev last Saturday. We are beginning

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to take our defeats in the -world of sport with a certain resignation. Indeed, we must, for as long as America is a larger and richer country than we are, she is certain to...

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TOPICS OF THE DAY.

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DEMOCRATIC UNIONISM AT PLYMOUTH. W E must return, on the occasion of Mr. Baldwin's speech at Plymouth on Thursday, to the subject of Democratic Conservatism. What Mr. Baldwin...

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CAPITAL AND CA' CANNY. BY LORD LEVERRULME.

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I DO not know who was,, the philosopher who first stated that none preaches so well as the ant, and yet the ant utters nothing. We all require to learn from the silent sermon...

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THE PANEL WAR. T HE public will make a great mistake

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if it assumes that the doctors are threatening to resign from the medical panels merely for the sake of a shilling a patient. No doubt there are many doctors .who honestly feel...

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THE BREAK - UP OF GERMANY.

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S O France has her way. Slowly and uneasily Germany is breaking up. In all the turmoil of the last ten years in Europe, we have not witnessed this steady cracking of one of the...

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CAN THE FARMER SAVE HIMSELF ?—IV.

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CO-OPERATION IN ENGLAND. " Co-operation has succeeded in this country ; it has also failed. Success or failure is due to the presence or the absence of a united body of...

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AT THE SIGN OF 'THE GOLDEN SAUSAGE.'

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T HE taxi-driver did not try to hide his surprise and his dissatisfaction ; he went on grumbling and muttering to himself while racing along the crowded streets ; evidently his...

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THE

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ENGLISH-SPEAKING WORLD. By EVELYN WRENCH. D URING Mr. Harvey's Ambassadorship, as I men- tioned in the Spectator last week, three major causes of discord in British-American...

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THE THEATRE.

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"OUTWARD BOUND" AT THE GARRICK. Tun eight characters in this play find themselves on board a small liner which, when the curtain rises, is just about to put out from the land....

MUSIC.

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THE COMING SEASON. " The only redeeming feature about British music is that in other countries music is quite as bad. Of composers there are none ; of singers there are few ;...

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effects of The Pilgrim back to the personality of its

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creator (February 5th, 1924). through his manifestations of the resourcefulness and the Sir Henry Wood's Symphony Concerts on Saturday after- appeal of timidity, I stopped short...

heartily, and I think that there are two steps, neither

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of them impracticable or dangerous, which ought to be pressed on the Government as immediately urgent : (1) The present Treasury Minute limiting the fiduciary issue of currency...

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[To the Editor of the SPECTATOR.] have read your article

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in the Spectator of 20th inst. with deep interest. You speak against further deflation, but is it not true that inflation has inflicted, and is still inflicting; hardship on...

[To the Editor of the SPECTATOR.]

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SIRS I am delighted to see the stand you have taken in this week's Spectator against the suicidal policy which the Treasury officials have been pursuing for the past 21 years,...

[To the Editor of the SPECTATOR.] SIR,—I would personally agree

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with your statement, " Deflation Means Unemployment," if you would accept the corollary " and inflation means more unemployment in the future." That is, the aim should be...

[To the Editor of the SPECTATOR.] have read the admirable

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articles in the Spectator on this subject with great interest, and I think my experience may possibly be instructive. In the year 1873 I was the President of the Liverpool...

[To the Editor of the SPECTATOR.] SIR,—I have read your

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most illuminating article, and I think your diagnosis of the situation entirely correct. You say, truly, that there is only one fiscal ideal—stabilization. Deflation and...

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[To the Editor of the SPECTATOR.]

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Sin,—It is sincerely to be hoped that your striking article on "Deflation Means Unemployment" will lead to a nation- wide discussion of the currency problem. As a slight...

[To the Editor of the SPECTATOR.] SIR,—Mr. Morrell's articles are

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very disappointing. He asks " Can the farmer save himself ? " He puts aside Pro- tection as " not a practical policy " and labours the point of economic organization. Of course...

CAN THE FARMER SAVE HIMSELF ?

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[To the Editor of the SPECTATOR.] SIR,—Mr. Philip Morrell's remarkably able article under the above title in your issue of October 13th errs only in treating Messrs. Christopher...

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SEIZED DYES AND BRITISH LABOUR.

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[To the Editor of the SPECTATOR.] SIR,—One result of the policy of M. Poincare in the Ruhr is the serious effect it is having on the British dye trade—a result which, as the...

[To the Editor of the SPECTATOR.] SIR,—The interesting article in

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the Spectator of October 20th on farming in Denmark does not mention the fact that about seven millions sterling's worth of cereals and seeds are imported into Denmark annually...

WORSTED INDUSTRY AND S.O.I.

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[To the Editor of the SPECTATOR.] Sia,—I notice in your issue of October 13th a letter from Mr. Ernest H. Gates on the subject of an inquiry under the S.O.I. Act into the...

[To the Editor of the SPECTATOR.] SIR,—May I, as an

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old reader of the Spectator, say how much I and my family have enjoyed Mr. Philip Morrell's admirable articles on agriculture ? When the series is completed, will he have them...

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PUBLIC SCHOOL BOYS AND THE EMPIRE.

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[To the Editor of the SPECTATOR.] SIR, I am glad to see that Mr. Limmer, speaking from his intimate knowledge of Christ's Hospital boys, has advocated the provision of better...

DOES CANADA PREFER FRANCE?

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[To the Editor of the SPECTATOR.] SIR,—There must be many others like Lieutenant-Commander Astbury, M.P., who, while convinced Free Traders in a general sense, wish to see a...

THE PRESERVATION OF OXFORD'S CHARMS.

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[To the Editor of the SPECTATOR.] Sue,--It has been for some time noticeable that our old towns are beginning to be beset by " skyscrapers." Some capitalist buys a bit of...

MUSEUMS AND PICTURE GALLERIES : EVENING LECTURES.

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[To the Editor of the SPECTATOR.] think you will be interested to know how matters are progressing in connexion with the opening of museums and picture-galleries in the...

DR. ROBERT BELL AND CANCER.

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[To the Editor of the SPECTATOR.] Sra,—Perhaps you will kindly permit me to comment upon the " two or three weak points " mentioned in your kind notice of my book in your issue...

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THE CONFESSIONS OF A LIFE MEMBER.

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[To the Editor of the SPECTATOR.] SIR,—I had been a reader of the Spectator for many years and a regular subscriber for quite half of the time. In the ordinary course I suppose...

POETRY.

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THE CHEST. ONE day, leaning over the chest In the musk-scented dark of my mind, My fingers, trembling, at last Will learn there's no treasure to find. When the god who moves...

AN OLD MOTTO.

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[To the Editor of the SPECTATOR.] Sia,—In answer to the query on page 500 of your issue of October 13th, I suggest that the motto may be as follows :— " E MELIORIBUS MELIORA...

THE CENOTAPH AND THE CABINET.

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[To the Editor of the SPECTATOR.] Curls. Szn,—I see that it has required two Cabinet meetings to decide finally whether the Memorial Service for those who gave their lives in...

PAROCHIAL STORIES.

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[To the Editor of the SPECTATOR.] SIR,—The reference in the Spectator of October 13th to the choir who sang " Take Thy pil - , take Thy pil - , take Thy pil - grim home,"...

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BOOKS.

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THIS WEEK'S BOOKS. A MOST magnificent volume, weighing as much as ten ordinary books, has been received from Messrs. Longmans, Green and Co. The title is Game Birds and...

ECONOMICS OF THE HOUR.*

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[COMMUNICATED.] To review, in the pages of the Spectator, a book by Mr. Strachey may appear to some of his readers well-nigh savouring of presumption. Probably no other editor...

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MR. NEVINSON'S CAREER.*

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Ma. H. W. NEVINSON has one great quality as a journalist.; None of his contemporaries stands out from the crowd of Fleet Street with a sharper note of distinction, of being and...

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ENGLISH CHURCH REFORM , 1815-1840.* Tins, the most recent, but not,

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we hope, the last of Mr. Mathieson's valuable series of historical studies, discusses the ecclesiastical side of the Reform Movement of 1832. No writer has treated the subject...

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THE FINITE UNIVERSE.*

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IN this book the Astronomer of the Paris Observatory has provided such mental food as would have served even Cole- ridge's insatiable mind for a lifetime of poetic...

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THE HEART OF THE LAKES.*

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Mn. WITHERS is already known to a select few, both as an intimate interpreter of the Lake Country and as the master of a pure and pondered style. His latest book should widen...

FICTION.

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A NEW NOVELIST.t IT was unwise of Mr. Liam O'Flaherty to publish his reasons for writing this novel. He wrote it, he says, in the first place because Synge's book about one of...

THE ROMANS IN BRITAIN.*

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Tins popular account, by a competent archaeologist, of Roman Britain was very much needed and will be welcomed by many readers. Much has been done, especially in the last twenty...

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HEIRS APPARENT. By Philip Gibbs. (Hutchinson. 7s. Gd. net.) Sir

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Philip Gibbs is more at home in describing conditions and events which he himself has witnessed than in fiction. For this reason his present book, Heirs Apparent, is not nearly...

TANTALUS. By Dorothy Easton. (Heinemann. 7s. Gd.) Miss Dorothy Easton's

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novel has a hurried, breathless air : it reads like a translation from the Scandinavian, and particu- larly like a translation of Hans Andersen. It is a strange (Continued on...

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An ambitious man, trained by an ambitious mother, seeks success

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in England and India. He fails of it, but the story ends well and the interest is maintained.

THE CRITERION. October. Vol. II., No. V.

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The Criterion, at the opening of its second year, shows no lowering of its standard of excellence, and the list of contribu- tors to the present number, which includes the late...

THE QUARTERLY REVIEW.

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Professor J. Arthur Thomson, who writes on " The New Biology," always holds the attention ; for him science is romance, and he makes it so for his readers. He is fascinated by...

Scribner. 7s. 6d.) A war book. Terrible in its photographic

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reality, bringing to mind all that we are striving to forget.

A notable article by Mr. H. W. C. Davis deals

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with the devious tactics of that arch-intriguer, Brougham, in the years between Waterloo and the death of George IV. Brougham was trying at one and the same time to curry favour...

STONY GROUND. By Lady Miles. (Hutchinson. 78. 6d.) The story

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purports to be the history of a " virtuous vampire." Her sister, the second heroine, who has all the sympathy of her creator, strikes the reader as a selfish and conceited...

LOVE LETTERS TO A DEAD WOMAN. By H. D. Harben.

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(Chatto and Windus. 6s. net.) It seems strange that nowadays someone should venture on the difficult technique of telling a story by means of a series of letters without better...

THE SCOTTISH HISTORICAL REVIEW. (Glasgow : Mac- lehose, Jackson. 4s.

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net.) The Jacobite plot to seize Edinburgh Castle in 1715, on the eve of the rising under Mar, is related in highly interesting detail by Major K. A. Moody-Stuart, who has made...

FROM A WELSH HILLSIDE. By John and Emily Pearson Finnemore.

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(Black. 5s. net.) It is a pity that somebody does not write better stories of Wales than those exemplified by this book, which consist of a good deal of local colour, much...

THE QUARTERLIES.

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THE EDINBURGH REVIEW. The first article of the new Edinburgh, by Mr. R. H. Bruce Lockhart, is an informing survey of the progress of Czecho- slovakia, which comes opportunely...

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The Antiquity of Proverbs. By Dwight Edwards Marvin. (Putnam. 12s.

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6d.) The Antiquity of Proverbs. By Dwight Edwards Marvin. (Putnam. 12s. 6d.) Mr. Marvin has studied the proverbs of every language deeply, and in this book he takes fifty...

A Humanistic Revival Through Literature. By George H. Fulton. (M'Caw,

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Stevenson and Orr, Ltd., Belfast. 2s. net.) The author of this excellent little book begins by discussing the recent developments in religion and science. As a result of the...

CRITICISM AND LETTERS.

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Talks and Traits. By H. C. Minehin. (Dent. 6s.) Mr. Minchin browses in those pleasant pastures that lie around the dark tower of literary criticism ; he gossips in the...

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FINANCE-PUBLIC & PRIVATE.

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[BY OUR CITY EDITOR.] MARKET UNCERTAINTIES. [To the Editor of the SPECTATOR.] SIR,—To all outward appearances the stock markets are entirely unperturbed by the fact that the...

Roman Poetry. By E. E. Sikes, M.A. (Methuen. 8s. 6d.)

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The general aim of this very admirable volume is to bring classic poetry into touch with modern criticism—a thing which is not often done. This is the only means by which the...

NATURE AND CULTIVATION.

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A Bee Melody. By Herbert Brown. (Melrose. 6s.) One subject, properly studied, involves all the rest of the universe, or so at least we had been told without seriously accepting...

FOREIGN AFFAIRS.

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Mr. Philip Graves was peculiarly well qualified, as the Times correspondent at Constantinople before and since the War, and as a staff officer at headquarters in the Near East,...

The Tragedy of Central Europe. By E. Ashmead-Bartlett. (Thornton Butterworth.

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21s.) Mr. Bartlett is at his best in descriptions of the events in which he actually took part, such as the Bolshevist revolution in Hungary and the capture by Royalist...

Popular Poultry Pointers. By Ralston R. Hannas, M.Sc. (New York

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: The Macmillan Company. 10s. 6d. net.) Popular Poultry Pointers. By Ralston R. Hannas, M.Sc. (New York : The Macmillan Company. 10s. 6d. net.) Even a city man " possessed by...

IN MEMORIAM.

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In Memoriam : Charlotte M. Mason. (P.N.E.U., 26 Victoria Street, S.W. 1. 3s. 6d.) All who are interested in the work of the Parents National Education Union will welcome this...

Adventures in the Near East : 1918-1922. By Lieut.-Col. A.

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Rawlinson. (Melrose. 25s. net.) This book (which is illustrated with many excellent photo- graphs) gives an account of the work of Colonel Rawlinson, as Special Service Officer,...

28s. net.) Professor Lindsay's main object in this treatise is

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to show that Plautus echoed in his verse—notably in the hiatus—the everyday talk of a Roman in the second century before Christ, and that Plautine metre, a pre-adaptation of the...

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* * * * It might almost be said that

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one brief remark made at the recent meeting of Raphael Tuck's concerning possible postage reforms rather diverted attention from the satisfactory financial statement which the...

It is not long since another bank—the Westminster, I believe—was

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at pains to interest its employees further in the welfare of the bank by presenting them with a certain number of new shares, and I am glad to record both of these developments...

FINANCIAL NOTES.

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Who would not be a member of our banking staffs to-day, when to salaries on a fairly high basis—especially for the younger members of the staff—are added sub- stantial bonuses,...

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MATERIAL REVIEW.

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S S. MOOLTAN: IT is the engineer who rules the waves .to-day, and, to be honest, Britannia should no longer posture with a trident, but with a twelve-inch spanner. It is a...

The report recently published of the Anglo-South American Bank shows

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some slight advance in the total of deposits which in the previous year had fallen con- siderably, but we should imagine that, owing to the depression in trade, it cannot have...

THE RECREATIONS OF LONDON.

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PLAYS. EVERYMAN, HAMPSTEAD.—What the Public Wants 8.15-2.80 [Mr. Bennett's successful play.] GLOBE.—Our Betters . . . . .. 8.15-2.15 [There is talk of the licence of this play...