We have never felt any anxiety about Mr. Bonar Law's
liking for Tariff Reform, but nervous persons will note with pleasure that he declared that there was no intention at present of introducing legislation on that subject. The dislocation caused in the present statc of trade would outweigh the advantages of fiscal changes. In regard to the House of Lords, he was no less wise and discreet. The maintenance of the Par- liament Act is to be unimpaired. This does not, of course, preclude the need for taking up the question of the House of Lords. We sincerely trust that Mr. Bonar Law will think long and wisely before he commits himself to any fancy scheme for a Second Chamber. Of one thing, however, we may feel certain—that whatever policy Mr. Bonar Law does adopt, will be inspired by true Democratic principles. The important thing is that there should be no attempt to defeat the Will of the People. The will of the majority of the people, and not the will of a minority secured by a combination of log-rolling groups, must prevail. In other words, the solution that Mr. Bonar Law will favour will be one of true and thorough-going Democracy, and not of political manoeuvre.