Air • PAINLEVE'S Government has resigned and the • hopes of an immediate scheme for financial re- covery go with it. The fall of the Government comes at a most unfortunate...

-Times said in Wednesday's paper that though war had become inevitable when it broke out it might have been avoided if the French had explained their aims during the previous...

deplorable events at Damascus. We shall not commit ourselves to any of the estimates of the 'damage 'done or of the number of lives lost, as the reports are contradictory, and...

at all events a skeleton of a policy, the Socialists had none. It is true that the Socialists demand a Capital Levy, but they accepted the wishy-washy, almost meaningless,...

are as much concerned as foreign observers aboiit the events in Syria. It is to be expected that if General Sarrail, the High Commissioner, is not recalled he will at least be...

Garden, London, W.C.2.—A Subscription to the " Spectator" costs Thirty Shillings. per -annum, including postage, to any part of the world. The Postage an this issue is : Inland,...

in hand by the League of Nations. In the old days all the great Powers which had proteges in the Balkans used to hold their hands on their swords so long as a Balkan dispute...

sing circumstances. The Powers are formally treating with a Government whose writ does not run very far and who may conceivably cease to exist before long. Sun Chang-fang, the...

and Wales. In most places and particularly in London the real issue is whether the Labour Party is to be allowed to get possession of the municipal apparatus. If it does get...

noUnced that the Cabinet had ' decided to approve in principle the 'recommendation of the East African Coin- mission, that a sum not exceeding £10,000,000 should be guaranteed...

was elected Chairman, declared that his Government wanted tariff autonomy. This, of course, was expected, but Mr. C. T. Wang surprised the Conference by demanding that tariff...

of the Locarno Treaty, though we hope and believe that this will make no difference to the ratification of the Treaty. Three of the Nationalist Ministers resigned as a protest...

Oxford is sagacious. Lord Oxford presumably is a little alarmed . by the proposals and knows that there is much opposition to them in the Liberal Party. Accord- ingly he has -...

by Lord Rothermere ordering the GovernMent to return to Conservatism. He says that their measures have been indistinguishable from those of Socialists. He recommends a retreat...

exposition by Professor Gilbert Murray of the possi- bility of Liberals and Labour being brought together. Professor Murray says that apart from the Capital Levy there is hardly...

we hope it will be proved that our Intelligence Branch did not invent it, though we can understand that an extreme practitioner in propaganda might easily contend that war means...

that Brigadier-General John Charteris in a speech in America declared that the well-known story that the Germans, during the War, boiled down corpses in order to extract the...

rate which for three years averaged • 17s. 6d. in the I. In 1922 Labour lost eight of these • fourteen boroughs, and in these eight boroughs during the past three years the...

on Octobevlst, 1925. War Loan (5 per cent.) was on Wednesday 99 11 : en Thursday week 1021 ; a year ago 1001, Funding Loan (4.-per cent.) was on Wednesday 871 ; on Thursday week...

FRANCE AT HOME AND' ABROAD T HE high hopes which were formed when M. Caillaux accepted the office of Finance:Minister six months ago have been shattered. They by no means...

of Dr. Axham is being discussed, and it raises, of course, the whole question of medical etiquette as interpreted and administered by the General Medical Council. At first sight...

IN TE do not pretend to any satisfaction at the way in which the question of the abandonment of the Naval Dockyards has been handled. Whenever any specific or drastic piece of...

views on this subject, and gives me eight hundred words to answer the question. To do full justice to the subject eight hundred thousand would probably barely suffice. But a...

BY SIR PERRY ROBINSON, K.B.E. W ITH the arrival of Sir George Lloyd (as we must still call him) in Cairo, a new chapter begins in the troubled history of Egypt. Let us hope...

G REECE is to-day passing through a social revolution which is of far greater consequence than any of the political revolutions which have so frequently decorated the headlines...

feature of the daily Press. We shall soon reach the point when surprise will be felt if there are not at least a dozen deaths from motor collisions every week- end. If as many...

T O the sportsman of the United Kingdom the accounts from New Zealand of the fish taken in that country arc apt to sound like a fisherman's yarns. Trout of eighteen and twenty...

BY LADY BURGHCLERE. I F it is contrast which lends zest to travel, Virginia should not be the least interesting province of America to the European tourist fresh from the...

BY VILIIJALMUR STEFANSSON. T HE flying programme of the MacMillan-Byrd Arctic Expedition has been discontinued. The announce- ment came a few weeks after similar news from the...

"THE SEAGULL" NEARLY thirty years ago, at the time of the first production of The Seagull, Tchechov summed up the result of his " apparent failure " in a letter to a friend. He...

THE ART OF DRIVING Iv is a mistake to imagine that anyone who handles the steering-wheel of a car is a driver., He is able to steer his car, he knows how to start the engine...

MR. BERNARD SHAW'S DEFINITIONS [To the Editor of the Senetteron.] SIR,—Mr. Hamilton asks me if Socialism means that I will draw the same income as a programme seller. Certainly...

[To the Editor of the SPECTATOR.] SIR,—I represent in the Far East a large British engineering firm, and have just returned from one of my periodical visits of several months to...

A LETTER FROM CAMBRIDGE [To the Editor of the SPECTATOR.] - SIR, —The first question to be answered of a Cambridge cor- respondent is, no doubt; " How are the new motor...

Many persons have reported during the past few weeks that they have been unable to buy a copy of the SPECTATOR at the bookstalls or newsagents owing to the stock being sold out....

" [To the Editor of the SPECTATOR.] • SIR,-- Great as is•my respect for . the learning of Sir Frederick Pollock, and - greatly as r share your reverence fOr the common law, I...

experience is worth a ton of theory. May I give my own, even if it seems to involve an excessive use of the first person singular ? That, I am afraid, is unavoidable, but my...

[To the Editor of the SPECTATOR .] SI R So many inquiries have been `Made 'as to how the Home= croft experiment is faring—not of myself, exactly, but of my friends- - -that I...

SIR,—It is many years since I commenced reading the Spectator regularly, but I do not remember any article which gave me keener pleasure than Dr. Inge's. As a Scotsman and...

[To the Editor of the SPECTATOR.] SIR,—At a time when there is general rejoicing at the results of the Locarno Conference, it seems fitting that we should pause for a moment to...

the Editor of the SPECTATOR.] SIR,—S0 much has been written from various points of view that I have thought it would not be amiss to give to the public that of a slaughterman....

[To the Editor of the SPECTATOR.] SIR,—The article in your issue of September 12th, " Is Prohibition a Failure ? " has just been brought tardily to my notice, although I am a...

[To the Editor of the SPECTATOR.] SIR,—Can any of your readers give a satisfactory explanation of the statement, usually accepted, that those trying to make their way out of the...

[To the Editor of the SPECTATOR.] SIR,—The following letter, by Mrs. N. H. Coombe, which was awarded a prize in the Toronto Financial Post for the best description of success on...

' [To the Editor of the SPECTATOR.] Sin, —I should like to draw attention to the remarkable financial policy of the State 'of Guernsey between the years 1816 to 1837. A full...

[To the Editor of the SPECTATOR.] Sin,—Crusader seems to have been unfortunate in his exper-' ienee with electric fires. He writes, " I have experimented with electric heating...

[To the Editor of the SPECTATOR.] SIR,—There is an unfortunate confusion about the authorship' of this well-known ode. Mrs. Creighton, in the Life and Letters of Thomas Hodgkin...

[To the Editor of the SPECTATOR.] Sin,—The Report and Evidence of the Departmental Committee has just appeared. The price of these volumes (31s.) will militate against their...

[To the Editor of the SPECTATOR.] SIR, —Will you allow me to enquire through your columns what is the significance of a skull placed, at the lower end usually, in many old...

[To the Editor of the SPECTATOR.] SIR,—I think the following document may interest and amuse you. It is a copy of the will of a child of nine or ten and was found among some old...

[To the Editor of the SPECTATOR.] " Abide with me ! Fast falls the Eventide ; The darkness thickens. Lord, with me abide. When other helpers fail, and comforts flee, Help of the...

[To the Editor of the SPECTATOR.] feel sure that if your correspondent were to visit Cambridge during one of the periods that the masterpieces of Gilbert and Sullivan were...

[To the Editor of the SPECTATOR.] Sin,—With reference to my book, Wagner's Music Drama of the Ring, recently reviewed in your columns, I should be extremely grateful if you...

[To the Editor of the SPECTATOR.] SIR,—I have heard it suggested that some of our West End hospitals should be transferred bodily to Wembley, leaving, of course, receiving...

[To the Editor of the SPECTATOR.] Sin,—In his review of the above work Mr. Philippe Mairet says " It is hard to speak the truth of such a work." His review amply proves the...

[To the Editor of the SPECTATOR.] Snt,—Your correspondence on hymn-books reminds me of a plaintive remark made to me years ago by the Musical Scholar of Worcester College,...

WHITE WOMEN IN- THE TROPICS : Dr. R. W. Hornabrook,' Australian Club, Melbourne, writes : " As a medical man who sees the result of tropical living on a large number of our- -...

[To the Edit(); of the SPECTATOR.] SIII,—I am sending you the enclosed Report of the payment of bonus for the thirty-fifth successive year under a scheme of profit-sharing...

[To the Editor of the SPECTATOR.] Snt,—The dog population of Great Britain is said to have now reached more than 4,000,000. According to Mr. Croxton Smith, Secretary of the...

of the Spectator, Mr. Gabriel Wells, has generously offered a prize of £100 for an essay on "Unemployment : Its Cause and Remedy." The maximum length of an essay is 1,200 words,...

FINANCIAL SUPPLEMENT BANKING AND INSURANCE No. 5079.] WEEK ENDING SATURDAY, OCTOBER 31, 1925. LGRATIS.

to be ground for thinking that the closing months of the year may mark the commencement of greater activity in trade, and that there may be a further extension of financial and...

BANKING AND INSURANCE SUPPLEMENT. LONDON : OCTOBER 31st, 1925.

LINER TRAFFIC IMPORTANCE OF REGULARITY BY THE RT. HON. THE VISCOUNT INCHCAPE, G.C.S.I., G.C.M.G., K.C.I.E. A GOOD deal is heard from time to time in criticism of " shipping...

By AN EDINBURGH BANKER. Scowls"' banking, throughout its long record of over two and a quarter centuries, is so intertwined with the warp and woof of national history that any...

By LEONARD F. GREGORY. A FRENCH political philosopher once said that those nations would be best governed which were ruled by bankers. During recent years certain of our...

SiNcF. our last quarterly Insurance Supplement we have had brought to our notice a new form of Policy issued by Lloyd's Underwriters, and entitled " The Doctors' Bills Policy."...

THE total premium income received by the British Insurance Companies for the year 1924 amounted to £49,299,707. Of this amount £39,812,700 was paid to the Tariff Offices, and...

have referred to the manner in which a comprehension of banking and finance has been aided in recent years by the many excellent treatises • whiCh have appeared. This is a...

Assurance is becoming year by year a matter of importance to an ever-increasing pro-. portion of the general public, and is being recognized as one of the most important factors...

99 Fetter Lane, E.C. 4, and Publislie-d by Tue SPECT■Tr..-.. Lin., at their Offices, No. 13 York Str.ict, Covent Garden, London, W.C. 2. Saturday, October 31, 1921.

A LONG SPEAKERSHIP A Speaker's Commentaries. By the Rt. Hon. James William -, Lowther, Viscount Ullswater, G.C.B. (Edward Arnold. 363.) ONLY two Speakers in the annals of the...

an ideal present for an absent friend. For This sum the paper will be forwarded to any address in the world. Apply Manager, the SPECTATOR, 13 York Sired, Covent Garden, London,...

by Mrs. Stan Harding of the espionage services of Europe and Atnerica, and a vigorous account of her own misfortunes in Russia.

Edward Thompson gives a spirited and detailed defence of the Indian people against many charges which have been brought against them. He is mainly occupied with the Indian...

Observations (Heinemann). It includes his now famous series, " The Old and the Young Self." * * - . .

FIRE chief interest in Mr. Clement . Shorter's edition of The Twelve Adventurers and Other Stories, by Charlotte Bront6 (Hodder and Stoughton), lies in the free imagination and...

The Metaphysical Foundations of Modern Science. By E. A. Burtt. (Kegan Paul. 14s. net.) - WIIEN Copernicus propounded his theory that the earth moves . round its axis and...

THE EDITOR OFFERS TWO PRIZES OF £10 EACH, THE FIRST. FOR AN INSCRIPTION FOR A SUNDIAL IN PROSE OR VERSE, THE SECOND FOR AN EPIGRAM . ON WOMAN IN FOUR LINES OF VERSE. NONE of...

The Nation and the Church. Six Charges by Bertram Polloc k; Bishop of Norwich. (Murray. 5s. net.) A Bisuor's touch on history isseldom original or very inspiring. StUbbs' work...

The Conquest of Disease. By David Masters. Illustrated. (John Lane. 8s. 6d. net.) The Conquest of Disease. By David Masters. Illustrated. (John Lane. 8s. 6d. net.) POPULAR...

Furniture in England.:.. from 1660 to 176Q.: (Vol. do the DURING the last few years what is usually known as antique furniture has been somewhat under a cloud of expert...

The Shrewsbury Edition of the Complete Works of Samuel Butler. In 20 volumes, of which 15 have , been published. (Jonathan Cape. One Guinea each.) ARLSTOPHANES is the nearest...

The Life of W. T. Stead. By Frederic Whyte. In two volumes. (Cape. 36s. net.) The Life of W. T. Stead. By Frederic Whyte. In two volumes. (Cape. 36s. net.) THE mind of W. T....

Washington Irving Esquire. A Critical Biography. By George S. Hellman. (Cape. 16s. net.) Tim influence of suffering upon sensitive natures varies, in accordance with coincidence...

Pease. (London. The Fabian Society and Allen and Unwin. New Edition. 6s. net.) Tan study of Socialism by Mr. Hurd in the handy " West- minster Library " is an outspoken...

Postal Subscribers changing their address, or- who while travelling desire their copies - of the paper to be sent to a temporary address, are asked to notify the SPECTATOR...

PERHAPS the most interesting article in the Quarterly is Mr. Bensusan's " Suggestions for Farmers." In his belief, in spite of the present distaste of the labouring population...

net.) Tars fine personal record shows us the spirit of the British Merchant Service in peace and war, and repeats the unchanging call of the sea. Late . Commodore of the P. & 0....

Illustrated. (Hutchinson. 30s. net. ) THE Sporting Print, through its equal appeal to artist and pugilist or bookmaker, has been unduly neglected. In this pioneer catalogue...

THE TRAVELS OF PETER MUNDY IN EUROPE AND ASIA (1608-1667). Vol. IV.- Europe 1639-1647. Series IL Vol. LV. Edited by Lt.-Col. Sir Richard Cameo Temple, Bt. (Hakluyt . Society....

Stoughton. 12s. 0d. net.) Mn. Bar.nwrx, sometime Lieut.-Colonel in the Armenian Army, describes his unforgettable experiences, during 1920-1921, in Transcaucasia and Anatolia....

(Hutchinson. 18s. net.) • IN amusing fable; fantasy and satirical sketch, Mr. Walter Sichel has sought to find .worthy morals for the age, to note the permarient type and ,its....

first editor of the British Weekly, is attractively written and includes many letters illustrating Robertson Nicoll's manifold activities as journalist, politician, literary...

THE HOOKER 4 PENELOPE' The Second Mate. By R. F. W. Rees. (Philip Allan. 7s. 6d. net.) Ma. Ruas tells his story very fittingly : there is physical vigour in it, a certain...

BANKING AND INSURANCE SHARES AS INVESTMENTS By ARTHUR W. KIDDY. THANKS in part to the growing familiarity of the public with the general conduct of banking and insurance...

Melodies and Memories. By Dame Nellie Melba. (Butter- worth. 21s.) Lord Fife and His Factor. Edited by A. and H. Tayler. (Heinemann. 21s.) Reminiscences of a Student's Life. By...

CONFLICTING INFLUENCES. ALTHOUGH for the most part firm, there has been less business passing on the Stock Exchan g e during the week. This has been due to the conflicting...

The market for Rubber shares has also been distinctly quieter of late, one reason no doubt being the uncertainty' which exists as to the extent to which there may be , a further...