25 JULY 1925, page 4

Topics Of The Day

NAVAL DEFENCE, PEACE AND ECONOMY D URING the past week the problem of Naval expen- diture—the question whether we are to have a new ship-building programme and more cruisers at......

A Year's Subscription To The Spectator, Costing Only...

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 Street, Covent Garden, London.......