28 OCTOBER 1922

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Lord Cave, who becomes Lord Chancellor, will prove, we believe,

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not only a thoroughly competent head of the Judiciary, but a wise man in counsel, and that,' remember, is one of the chief functions of a Lord Chancellor. Mr. Stanley Baldwin is...

What he must keep before his eyes is the principle

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that the best way of helping commerce and, what is far more important, of helping the working man to get a better share in the good things of this world, as all right-minded men...

Lord Derby already knows the War Office and he also

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knows a good deal about commerce, and should be of assistance to the Chancellor of the Exchequer. Mr. Amery becomes First Lord of the Admiralty— a promotion to which he is well...

Mr. Bridgeman, a man of promise, becomes Secretary of State

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for Home Affairs ; Lord Curzon remains at the Foreign Office, where he will no longer be worried by the unnecessary and irresponsible interference of the Prime Minister and his...

NEWS OF THE WEEK.

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D URING the week that has passed since our last issue the whole configuration of the political sky has changed. The menacing clouds which made the situation dark and difficult...

On Wednesday the names of the most important members of

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the Cabinet were given to the world. Lord Salisbury becomes President of the Council and Deputy Leader of the House of Lords—a double post which we are certain he will fill to...

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Last week we recorded the bare result of the Carlton

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Club meeting at which Mr. Chamberlain's proposal to continue the Coalition was decisively beaten. We had then had no opportunity of reading Mr. Bonar Law's speech. Now that we...

Napoleon was once told by an eager courtier that if

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he were to die consternation would spread through all France, and that the nation would be dumbfounded by its grief: " Nonsense," replied Napoleon, " if I died suddenly, all...

Mr. McKenna expressed the belief that Mr. Bonar Law realizes

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the danger and realizes the only remedy possible. After warning the country against the mad proposals of the Labour Party in regard to a levy on capital and a war on private...

On Wednesday Mr. McKenna, a former Liberal Chan- cellor of

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the Exchequer, and now the head of one of the greatest of English banks, the London Joint City and Midland Bank, gave an address to a meeting of electors in the City of London...

With industry in this deplorable condition, the national expenditure, he

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declared, had been maintained on a reckless scale ; ,while the burden of an oppressive taxation -which stifles enterprise had exhausted the reserve of capital and hindered our...

As we have explained elsewhere, the surprising thing about the

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Ministry of the new Prime Minister is the universality of satisfaction that has been expressed. As we understand the situation, there is no break in the Unionist Party. Mr....

The conjunction of Mr. Walter, who represents the old, honourable,

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and distinguished family who founded and made the Times, with Major Astor is one of happy omen. Major Astor is a young man, but one who is greatly liked and respected by all who...

Important as is the stabilization of the nation's Government offered

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by Mr. Bonar Law and his colleagues, only second in importance is the announce- ment of the stabilization of the Times made in Wednesday's issue of that great paper. It is...

But this mild threat, which apparently the ex-Lord Chancellor thought

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would render everyone breathless, was in truth no threat at all, because neither Mr. Bonar Law nor anybody else had the slightest wish to attack National Liberals. In fact, we...

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The League of Nations, Mr. Lloyd George continued, could not

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serve its full purpose until America came in. Speaking of agriculture and industry he described, not so much his own policy as the policy which he hoped the Government would be...

On Wednesday Mr. Lloyd George addressed the National Liberal candidates

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in London. He was in a much more subdued mood than when he spoke at Leeds or when he told those excited crowds at railway stations that his sword was in his hand. By Wednesday...

Following the Liberal programme comes that of the Labour Party,

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issued on Thursday. By far the most important thing in it is the proposal for a capital levy on fortunes exceeding £5,000. The proposal is so injurious and so foolish—it was...

Lord Grey of Fallodon, speaking at Bradford on Tuesday, said

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that what Mr. Lloyd George regarded as " a crime against the nation," and Lord Balfour as " political insanity," he himself liked. Although the new Govern- ment was Conservative...

The policy of the Independent Liberals at the General Election

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has been published under ten headings, which we cannot do better than quote :- " 1. Peace and disarmament made secure through the League of Nations. 2. The prompt revision and...

As for the relation of National Liberals to the Die.

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Hards—by whom he apparently meant Mr. Bonar Law's following—he repeated that he and his friends would not fight them unnecessarily. But if they themselves were challenged they...

Why had the reckless act of breaking the Coalition been

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committed ? One reason had been to substitute Lord Salis- bury for Lord Balfour Mr. Bonar Law had spoken of tranquillity. He himself had preferred to speak of peace, but after...

Mr. Lloyd George made his first important speech after his

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resignation at Leeds last Saturday. Many of his followers hoped that he would make an explicit statement of policy. They must have been deeply disappointed. As in his various...

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

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July 13, 1922 ; 5 per cent. War Loan was on Thursday, 980 ; Thursday week, 1001; a year ago, 87*.

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THE POLICY OF THE NEW ADMINISTRATION. T HE country realizes dimly,

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though we fear not quite as fully as it will have to realize it when it knows the whole of- the facts, that every joint and bolt and nut and screw in the fabric of the Empire...

TOPICS OF THE DAY

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MR. BONAR LAW. M R. BONAR LAW'S position in the country at this moment is one to which it is difficult to find a parallel. In the first place, there is a feeling, which is as...

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MR. LLOYD GEORGE.

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M R. LLOYD GEORGE'S character and mental attitude afford a fascinating subject of study. What gave him power, and made his rise so rapid and so irresistible, and yet what in the...

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THE PROBLEM OF BRITISH AGRICULTURE. B RITISH agriculture has fallen on

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such bad times that one hardly knows what to say about it. If things go on as they are, history will have to record a period as distressful as that of the 'eighties in last...

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THE BOROUGH COUNCIL ELECTIONS. .

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O N Wednesday, November 1st, London will elect new Borough Councils. We sincerely hope that all opponents of thriftlessness, Socialism and Communism will regard it as a positive...

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AMERICA THE BACKSLIDER. [COMMUNICATED.] T HE following extract from a private

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letter gives so just a picture of the irritation against the United States which reigns in many gentle European breasts that it deserves a few lines of comment :— " I can't...

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M ANY years ago I met, at a friend's house, a

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man by whom I was so singularly attracted that, though more than a quarter of a century has passed since then, I could, were I an artist, draw his portrait exactly as he then...

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OBLIGATORY PLEASURES. "A FTER all it was very pleasant, and I'm

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glad I went." Nine times out of ten that is what we say when we look back upon an obligatory pleasure to which, in the common sense of the phrase, we have not " looked forward."...

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THISTLE LAND.

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I T was not so very long ago that a man could be neatly classified as living either in a town or in the country, but to-day a quite considerable part of our population inhabits...

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THE CHANGE IN THE PROPRIETORSHIP OF THE TIMES."

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[A correspondent, on whose accuracy we can rely, sends us the following interesting account of the various steps which led to the happy arrangement under which the pro-...

LETTERS TO THE EDITOR.

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THE NEED OF ECONOMIC TEACHING. [To the Editor of the SPECTATOR.] • Srn,—I trust you will allow me space to make one or two relevant remarks arising out of the all-important...

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[To the Editor of the SPECTATOR.] SIR,—" Serutator " is

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curiously ill-advised in choosing Mr. Lloyd George's muddling of the Turkish question as a subject for encomiums. As recently as last August Mr. Lloyd George encouraged the...

MR. LLOYD GEORGE.

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[To the Editor of the SPECTATOR.] SIR,—" Scrutator " is too absurd. Everybody knows that peace was preserved by General Harington and Lord Curzon in spite of Mr. Lloyd George....

MR. LLOYD GEORGE'S POLITICAL STRATEGY. [To the Editor of the

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SPECTATOR.] SIR,—One of Mr. Lloyd George's most remarkable character- istics is his faculty for acquiring a reputation with no achieve- ment to back it. Everyone—including...

A MOTTO FOR THE CHAMBERLAINITES.

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[To the Editor of the SPECTATOR.] SIR,—May I suggest 0 fortunatos nintium sua si Bonar norint from the (slightly alloyed) Georgics ?—I am, Sir, &c., LAW.

THE EXAMPLE OF THE SIX COUNTIES L's1 IRELAND. [To the

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Editor of the SPECTATOR.] have just read an article on Ireland, in the Nineteenth Century, by the Public Orator of Oxford University, and if you will allow me I should like to...

AMERICA'S DEBT TO ENGLAND.

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[ To the Editor of the SPECTATOR.] Sor,—The difficulty you mention does not seem to have occurred to one of the most famous English critics of the.early nineteenth century, who...

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[To the Editor of THE SPECTATOR.] SIR, —I fully share the

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views of your correspondents in regard to postage to Switzerland. I spent several weeks near Laus- anne in the summer, and the excess postage which I had to pay on letters from...

FOREIGN POSTAGE.

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[To the Editor of the SPECTATOR.] Sut,—I think that the Postmaster-General could, if he would, aid very materially in removing the grievance your correspon- dents in Switzerland...

THE CONDITION OF IRELAND.

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[To the Editor of the SPECTATOR.] SIR, —Mr. Lloyd George is reported to have said on Saturday : " It is one of the things I am most proud of : we have made peace with the Irish...

SALOME LEAKER.

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[To the Editor of the SPECTATOR.] Sra,—Salome Leaker, mentioned in Mr. St. Loe Strachey's The Adventure of Living, was my great-aunt. After leaving sehool I lived with her in...

THE SOUTHERN IRISH LOYALISTS' RELIEF ASSOCIATION.

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[To the Editor of the SPECTATOR.] Sur,—I have been reading in your issue of October 14th the following paragraph : " We are asked to send help to the Volga and Asia Minor, and...

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SAVE THE VICTORY'

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- [To the Editor of the SPECTATOR.] Sin,—Re your article in the issue of October 21st, 1922 (117 years after), on " Save the Victory.' " So far as I am per- sonally concerned I...

THE BECKETT FIGHT.

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[To the Editor of the SPECTATOR.] SIR,—The Spectator always welcomes criticism, and I feel sure that you will permit me to pass a word or two of fair animadversion on your...

REFUGEES FROM SMYRNA. [To the Editor of the SPECTATOR.]

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SIR,—Kindly allow me to bring to the knowledge of your readers that some eighty British refugees from Smyrna have arrived in London. The majority of some two thousand British...

ARTIFICIAL LIMBS FOR EX-SERVICE MEN.

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[To the Editor of the SPECTATOR.] his letter to you, and in many similar letters which have appeared in other papers, Captain Baird hardly does justice to the War Office and...

THE CHURCH IN SOUTH-WEST AFRICA. [To the Editor of the

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SPECTATOR.] Sm,—May I, through your columns, call the attention of your readers to a meeting to be held at the Mansion House on Friday, November 3rd ? The meeting is being held...

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" TRIONA " : A COINCIDENCE.

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[To the Editor of the SPECTATOR.] SIR,—IS it not a curious coincidence that in the novel, Triona, which was reviewed in last week's issue, the hero marries under his nom de...

ST. PETER'S HARBOUR.

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[To the Editor of the SPECTATOR.] Sza,—We have received a good many anonymous donations towards a larger permanent Home for the Aged through the Appeal you kindly published, and...

HOW WILD CREATURES SWIM.

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[To the Editor of the SPECTATOR.] SIR,—I should like to tell your correspondent, who says that hedgehogs only enter the water under extreme compulsion, that my daughter and I...

WODROW THE HISTORIAN.

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[To the Editor of the SPECTATOR.] SIR,-1 have been abroad or I should have asked you before to be so good as to let me reply to Mr. J. K. Hewison's letter in your issue of...

POETRY

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• A SOPHISTRY OF LOVE. Fool. 1 Argumentative in love ; denying Flesh with a neat particular disquisition, " I love, I love not." Troubled when she comes, Who should by fable so...

THE ARMISTICE ANNIVERSARY.

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[To the Editor of the SPECTATOR.] SIR, —On November 11th, at 11 a.m., the people of Great Britain, in common with the rest of the world, will pause in their labours for two...

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THE THEATRE.

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" THE ISLAND KING : A MUSICAL COMEDY " AT THE ADELPHI THEATRE. TmmE is in London, I believe, a population of about seven millions, but the purveyors of musical comedy have all...

PICTURES WORTH SEEING.

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THE ROYAL INSTITUTE OF OIL PAINTERS, 195 PICCADILLY. [Familiar subjects painted in the old way.] BROMHEAD, CUTTS AND CO., LTD., 18 CORK STREET, BURIJNGTON GARDENS. [Portraits...

BOOKS.

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MEMORIES OF YESTERDAY.* M.R. AUBERON has a theory : we will give it in his own words The average individual puts off writing his (or her) reminiscences until he (or again, she)...

MUSIC WORTH HEARING.

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October 31st.—NATIoNAL GALLERY.—Chamber Concert 2.45 [A Beethoven Quartet (Op. 18, No. 2) and Mr. Frank Bridge In E minor played by students of the Royal College of Music in the...

SOME PLAYS WORTH SEEING.

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REGENT.—The Immortal Hour . . . . 8.30-2.30 [An English music-drama—more music than drama.] NEW THEAmm.—Medea .. Oct 30th 2 . 45 Nov. Gth 2 . 45 [Sybil Thorndike in Murray's...

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MADAME DE LA FAYETTE.* MARIE-MADELEINE PIOCHE DE LA V3E:nu:NE, Comtesse

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de La Fayette, if not one of the most conspicuous, was certainly one of the most distinguished and interesting figures in the immortal French group of the seventeenth century....

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THE BLACK MAN'S PLACE IN SOUTH AFRICA.* MR. PETER NIELSEN

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has written a very thoughtful and judicial essay on the future of the black races in South Africa. He is not particularly hopeful, because he recognizes that all settlements of...

THE BOLIVIAN PLATEAU.* IF ever country were " High and

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Dry " that country is the High Plateau of Bolivia, where ten to seventeen thousand feet above the sea the soil is so poor that it can only be cropped every five years, and where...

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A FLORENTINE FAMILY.* Tim family of the Lanfredini took a

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continuous if not con- spicuous part in the life of Florence for five hundred years— from 1200 to the death of the last member of the family in 1741. The part that the...

PHYSICAL EDUCATION.t AT a time when the work of the

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psychologist is attracting so much attention from the public, raising hopes, many of which will surely not be fulfilled, and withal confusing it with a terminology, the precise...

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SOCRATES SPEAKS.* AND well he may. He could hardly have

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hit on five more provoking people. Pollux, it seems, lately promised Socrates —Pollux lives partly on earth and partly in Hades—that he would bring him down some notables of...

MR. H. D. HAWKER.* JOHNNY CLEGG wanted to read about

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steam " ingins," but Jinney persistently demanded " a reel story." Mrs. Hawker, in her biography of her husband, almost reconciles these diverse tastes. There is a great deal...

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THE GODDESS OF LOVE.* MR. HERGESIIEIMER has increased the interest

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of a rather vulgar theme by treating it as a problem in social ethics. This sounds, perhaps, duller than is altogether fair to the author, who has spared no pains to be...

FICTION.

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POLCHESTER TOWERS.* PEIIHAPirkir. Walpole's most dangerous weakness as a novelist lies in the skill with which he can paint his characters in a few words—a weakness, because so...

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SOME BOOKS OF THE WEEK

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• (Notice in this column does not necessarily preclude subscolent review.) THE WAR SERVICE OF THE 1/4 ROYAL BERKSHIRE REGIMENT. By C. R. M. F. Cruttwell. (Oxford : Blackwell....

OTHER NOVELS.—The Terror by Night. By George W. Gough. (Blackwood.

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7s. 6d.)—A good example of the period novel with no pretensions beyond amusement. What period exactly it belongs to would be difficult to say, but in the chronology of Romance...

GENERAL ASTRONOMY. By H. Spencer Jones. (Arnold. 21s. net.)—A new

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popular treatise on astronomy is required every few years, and no one is better qualified than Mr. Spencer Jones to carry on the apostolic succession of Herschel and Newcomb....

POETS AND POETRY.

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MR. W. H. DAVIES.* SINCE Rhyl is called the Venice of Wales, since M. Maeterlinck is called the Belgian Shakespeare, since, in fact, this form of the comparative method of...

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THE LHOTA. NAGAS. By J. P. Mills. (Macmillan. 25s. net.)—Mr.

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Mills has added a valuable item to the great debt which anthropology already owes to the Indian Civil Service. His monograph on the Lhota Nagas is such a loving yet critical...

SPRINGS AND WELLS IN GREEK AND ROMAN LITERATURE. By James

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Reuel Smith. (Putnam's. £1.) —The legends attached to springs and wells in classical literature might have been retold in a more attractive way, but they could not have been...

CAMBRIDGE PLAIN TEXTS. — The Cambridge Univer- sity Press has issued a

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further series of " Cambridge Plain Texts in English " (1s. 3d. net each). These are, the first book of Bacon's The Advancement of Learning, a work which is, in effect, a...

PUBLIC FINANCE. By M. E. Robinson. (Nisbet. 5s. net.)—This is

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the third volume in the series of " Cambridge Economic Handbooks," edited by Mr. J. M. Keynes. The author, who is a Fellow and Lecturer of Newnham, gives a clear account of the...

THE PRINCIPLE OF OFFICIAL INDEPENDENCE. By Robert Macgregor Dawson. (P.

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S. King. 109. 6d. net.)—Dr. Dawson's monograph was written as a thesis for the London D.Sc., and is now published under the auspices of the London School of Economics and...

THE FOREIGN RELATIONS OF CHINA. By Mingchien Joshua Bau. (Nisbet.

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18s. net.)—This enlarged edition of Mr. Bau's excellent book includes the results of the Washington Conference so far as they affect China. In a new chapter Mr. Bau discusses...

WATER - POWER IN THE BRITISH EMPIRE. (Constable. 3s. 6d. net.)—This interesting

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little book is a summary of the three Reports of the Water-Power Committee of the Conjoint Board of Scientific Societies, which was appointed in 1917 "to report on what is at...

FINANCE-PUBLIC & PRIVATE.

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MR. McKENNA ON THE CRISIS. [To the Editor of the SPECTATOR.] SIR,—So far as the crisis in home politics is concerned, the chief event of the past week has been the inter•...

RADIO FOR EVERYBODY. By Austin C. Lescarboura. (Methuen. 7s. 6d.

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net.)—" Radio " is the American term for what in this country is usually called " wireless." This read- able and well-illustrated account of its marvels, written by the managing...

PRINCIPAL NEW AND FORTHCOMING PUBLICATIONS.

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Baddeley-(Sir S. J.), Cripplegate, 4to (Hodder & Stoughton) net 2:/.1 Ilaudauln (C.), Studies In Psychoanalysis, 8vo (G. Allen & Unw(n) net 12;6 Bethada Naem N. Erenn, Lives of...

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FINANCIAL NOTES.

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Even the announcement at the moment of writing of new India loan for £20,000,000 does not seem to have (Continued on page 008.) very . seriously disturbed the Investment...