Lord Lloyd has managed very well indeed in most difficult
circumstances for both Egypt and Great Britain. We hope that in continuance of his great work he will at the first opportunity negotiate a Treaty with Egypt which will put the reserved viestions beyond all possibility of further dispute. It will be remembered that Lord Milner was strongly in 'favour of a Treaty, but Zaghlul stood in the way and, as we have said, incidentally built up his own popularity by his denunciation of the proposed British reservations. It was because the Treaty had been made impossible that Mr. Lloyd George in 1922, acting on Lord Allenby's advice, declared that Egypt was no longer a Protectorate but had full constitutional independence and that the reserved questions would be held over for em- bodiment in a subsequent Treaty. That Treaty is still badly needed and if anyone can secure it we think Lord Lloyd can. The interests of Egypt and Britain are really identical. The presence of Britain alone makes Egypt . , safe for the Egyptians.. * - * * *