was satis- factory so far as it went. The Government, he said, were so conscious of the necessity of founding their decision upon really important grounds that they would not...

to extract from us certain promises at the expense of terrible risks to Europe. Mr. Chamberlain is, as we expected, behaving most patiently and courteously, but we venture to...

the Report of the Inter-Allied Commission of Control on German disarmament is due to the French. France wants to make the date of her withdrawal from the Ruhr Valley and of the...

his maiden speech, stated extremely well what we are convinced are the feelings of ordinary Englishmen. He most fairly disclaimed all intention of embarrassing. the Government...

London, H'. C. 2. — A Subscription to The " Spectator" costs Thirty Shillings per annum, including postage to any part of the world. The Postage on this issue is: Inland, lid.;...

O UR foreign policy is in a more uncertain state than it has been at any time in the past two years. We ;do net entertain any dismal forebodings, for we know that Mr. Austen...

Report had been referred, met only to adjourn. They asked for further information from Marshal Foch. It seems now, however, that the substance of the Report ought to be...

took place on Wednesday without most of the usual expensive display of decorations. The Inaugural Address, like the scene in which it was set, was marked by sim- plicity. Those...

which occurred last Saturday, of the German President, Herr Ebert. The future of Germany, which is the most important single factor in the European situation, may be modified or...

has fallen as a result of an adverse vote with regard to the measures for suppressing the Kurdish revolt. The Constantinople correspondent of the Times says that either the...

to the logic of the matter is that Germany herself should take part in the guarantee of security. We are glad to see that Lord Grey of Fallodon on Wednesday spoke of Germany's...

Council, introduced his Budget into the Indian Assembly. It was a far more cheering measure than any. Indian Budget of recent years. The reforms and retrenchments which have...

stand by her if she is wantonly attacked again by Germany is only to promise what we should probably have to do in any case. But, even so, there are wise and unwise methods of...

the task of finding Herr Ebert's successor is undertaken. By the Weimar Constitution, the President is elected, as in America, by the direct vote of the nation. It is...

far the British Government will go in meeting French wishes about security. The Chicago Tribune has pub- lished what purported to be the substance of a British Cabinet...

has rightly received a very large amount of notice in the Press, for hers was a notable personality. Partly through her charming books, which began with gardening and went on to...

refused to take part in the proposed Agricultural Conference, there is a likelihood that Mr. Wood's alter- native to the Conference will be accepted. This alternative is for the...

the subject of the promised Factories Bill, and we sin- cerely wish it well. The Factory Act of 1901 is extremely cumbrous ; it contains an enormous number of sections and...

a cut in the Education Estimates this year, but that the cut will be apparent, not real. He explained that in recent years there had been over-budgeting in connexion with...

Mar. 5, 1925. 5 per cent. War Loan was on Thursday, 103/; Thursday week, 1014 ; a year ago, 10011. 31, per cent. Conversion Loan was on Thursday, 701 ex. div. ; Thursday week,...

B. BALDWIN AND THE NATION'S CONFIDENCE A FORTNIGHT ago we pointed out that it was not enough for the Prime Minister to have won the confidence of the voters at a General...

T HE Labour delegates who visited Russia and have now issued a long and certainly very readable Report really attempted an impossible task. They tried to get to the bottom of...

T HE evidence given the . week before last in a ease in which the medical proprietor of a private home for lunatics was charged with illegal treatment of a patient makes one...

stalls and at most newsagents, and, except for a few isolated and distant areas, should be available on Friday. The Publisher would be grateful if readers would bring to his...

• [The great effort made by Americans .to raise the money foe completing the cathedral in New York will interest English readers not only because it is a remarkable piece of...

BY NEW MEMBER. S IR SAMUEL HOARE introduced the Air Estimates last week in a dry, matter-of-fact and efficient trimmer. Three years ago the French had ten fighting 'planes to...

as it concerns the Church from which they now demand, not toleration merely, but wholesale submission. The leaders of a movement whose history during the last fifty years has...

man who constantly advises others should be invulnerable himself. Who could take the maxims of Dick Steele seriously ? Who could refrain from laughter when that weak, amiable,...

T HE laws of imitation, expounded by the French philosopher, Gabriel Tarde, prevail in the.the.atre, as everywhere else : there are fashions, or epidemics, in plays. At the...

T HE cricket matches that have been played this winter in Australia have pleasurably stirred more pulses than usual ; but now that the excitement is over some of us begin to...

SERGHEI PROKO.FIEV THERE are few other periods of history in which music has lacked seriousness to the extent apparent at the present time. The empire of romance—as in...

THE PRESENT POSITION OF PUBLIC FINANCE IN FRANCE [To the Editor of the SPECTATOR.] SIR, —It is impossible to revisit France for however short a period without being struck by...

[To the Editor of the SPECTATOR.] Sue,—In his review in your issue of January 31st, Mr. Pollen has failed to see Hamlet in the " Prince of Denmark," an amateurish failing. I...

one who has a lifelong and intimate acquaintance with fox-hunting space in which to reply t Sir Frederick des Voeux and Miss Yorke ? Had the fox in question been " left in...

• [To the Editor of the SPECTATOR.] Sin,--The story which appeared in two Sunday papers a fortnight ago, about a fox getting into a private house and being taken in the...

much interested in the letters in the Spectator re wholemeal bread and its health-giving properties. I should very much like to know how oatmeal stands in relation to the...

[To the Editor of the SPECTATOR.] Sfa,—" I note with satisfaction that the assembly are con- sidering proposals to secure unity of administration in the system of public...

17th shows the necessity of educating the people as to the comparative values of different foods. In Italy this is done in the schools and in the United States by pamphlets...

[To the Editor of the SPECTATOR.] SIR S The letter of your correspondent, the President of the American Institute of Baking, is evidently written in wrathful apprehension lest...

SPECTATOR.] SIR, —Lord Balfour has given us a compelling phrase, " have always been moved by what I may perhaps describe as an English-speaking Patriotism," and the Magna...

good enough to publish my letter of query about rice in your issue of February 21st. I have since received the enclosed letter on the subject. As I felt sure that you, and...

[To the Editor of the SPECTATOR.] SIR,—I take it as the utmost compliment that the Dean of Durham should have seen fit to indite so courteous and so lengthy a reply to a letter...

SPECTATOR.] SIR,—The doyen of medical science has gone to his rest, ripe in years and laden with honours. His life's work might not be spectacular or meteoric, nor was it...

Mr. Julian Huxley's article on Prohibition in the United States he remarks : " One Province of Canada after another has repealed its dry laws in favour of State Control, until...

THE LITTLE WHITE CAT (After the Gaelic.) As the grey cat reached the old well-head, Of a sudden she fell a-crying, For down in the water, cold and dead, Her snow-white son was...

[To the Editor of the SPECTATOR.] Sin,—WD you allow me space to call the attention of your readers to a Conference on Education and Peace, to be held at the Guildhouse, .Ece ....

[To the Editor of the SPECTATOR.] Sun,--T wonder if any of your readers could tell me where to find a short story which I read some twenty years ago in one of the monthly...

[To the Editor of the SPECTATOR.] Sin,- --In the second paragraph of his recent letter Sir William M. Aekworth suggests that the Post Office " must produce its own balance-sheet...

[To the Editor of the SPECTATOR.] -R may be of interest to record that the aim of the Newcastle-upon-Tyne Society, which was founded in 1924, is " the improvement of the city by...

THE FAITH OF A LIBERAL [COPYRIGHT IN THE UNITED STATES OF AMERICA BY THE New York Times.] The Faith of a Liberal. By Nicholas Murray Butler. (New York and London :...

Moore's Hail and Farewell, signed by the author, with a new preface. Hail and Farewell is Mr. Moore's most agreeable, most important piece of work ; and perhaps, as he suggests...

DR. E. E. FOURNIER D'ALBE has tried his hand at prophecy ; but he is more disconnected, less reasonable, less suave than his fellow-prophets in Messrs. Kegan Paul's To-day and...

week's issue ; and as it caused perplexity among our readers we offer our saddest apologies. We stated that the award would be announced in this week's Spectator. The closing...

edition of the Scottish Poems of Robert Burns (Oxford University Press), with an English translation and a phonetic transcript. There can be no charge of vandalism, for the...

among poet , and makes more discoveries by his new trick of criticism in Poetic Unreason (Cecil Palmer) ; and as he is here fantastic and imaginative, not so much argumentative...

most appetising writers-upon the preparation of food, and A Second Helping (Heinemann) should be read by all ambitious cooks. The book begins with an admirable quotation from...

THE biography of King Edward VII., which Sir Sidney Lee has compiled at the request of King George, though largely based on documents in the royal archives and on others...

Tins charming book is a social biography—partly composed of letters. It is an account written by his daughter of the leisure of Sir Henry Taylor, the author of Philip Van...

letters submitted to him, but when stamped and addressed in:elopes are sent he will do his best to return contributions in tic of rejection.

Tim Nineteenth Century opens with an informing article by Brig.-General F. G. Stone, entitled " The Labour Party and the Trade Unions," an article well worth keeping for...

Our Lord. By Gabriel Mire. Trans- lated by C. J. Hogarth. (Guy Chapman. 12s. 6d.) AT last English people are ,given the opportunity of reading the excellent work of Gabriel...

MR. SINCLAIR LEWIS Martin Arrowsmith. By Sinclair Lewis. (Cape. is. ad. net.) WE have already seen Mr. Sinclair Lewis display his talents in their full brilliance ; but in...

6d. net.)—The reader's hopes Win be excited in this book by finding Mazzini, Garibaldi, and Louis Napoleon among the dramatis personae. Unfortunately, however, though the novel...

BANK RATE PROSPECTS BY ARTHUR W. KIDDY IN the Money Market and on the Stock Exchange the -course of business during the past :week has been -com- pletely dominated by the...

6d. net.)—A delightful new version of the "missing heir" plot. The homely adventures -of the •hero are told -with a lively sincerity, and he himself, bright with pure -humanity,...

7s..63 net.)=rhose who have the temerity to disregard the.author's plea and begin this - book on page 22 will undoubtedly enjoy its lively and novel handling of the old story of...

Diffidence. By John Eyton. (Arrowsmith. 7s. 6d. net.) —Readers •of Expeetaney will know too well what sort of fate awaits James Vane, the hero •of the -former work, when he...

• UNDERGROUND ELECTRIC RESULTS. As was, of course, to be expected, the' yearly accounts of this company have suffered by the reduction of the dividend of the London General...

V) Fetter Lane, E.C. 4. and Published by TIER SrEcTeroa. Lea, at their Offices, No. 13 Yong Street, Covent Garden, London, W.C. 2.—Saturday, March 7th, 1923,

FINANCIAL SUPPLEMENT BANKING AND INSURANCE No. 5045.] WEEK ENDING MARCH 7, 19:_!:), GRATIS.

EFFECT OF THE GOLD STANDARD BY ARTHUR W. KIDDY Jr this article had been written at the commencement of the year, the statement that the year 1924 had on the whole been one of...

BANKING AND INSURANCE SUPPLEMENT. LONDON : MARCH 7th, 1925.

By A. H. GissoN I.—THE MAIN FACTOR • AT . a time when political conditions in several countries remain more or less unsettled, at a time when the attitude of labour to capital...

THERE is a greater difference in the protection which the up - to - date motor policy gives to private car owners and owners of business vehicles than at first is apparent....

register - abroad - and - still carry on;' the more - so since the bulk of the profits derived in trading come from abroad, competition in .the United Kingdom being so fierce...