1 JANUARY 1921, page 20

Letters To The Editor.

[Letters of the length of one of our leading paragraphs are often more read, and therefore more effective, than those which fill treble the space.] DIRECT ACTION. ao THE EDIToft......

(to The Editor Of Tee " Speotatoil")

Sin,—It would require no great amount of mental a gility to deal with the events of the past year in a spirit of either optimism or pessimism. Much depends on the stand- point......