12 NOVEMBER 1921, Page 1

At the Guildhall banquet on Wednesday night the Prima Minister

made his customary speech. Hi3 thoughts were perhaps coloured by the agreeableness of the occasion. At least, we wish we could be as hopeful as ho was about the national finances and about Ireland. As regards trade, ho said that wo had probably seen the worst. " The force of the cyclone has been spent." Tho ship, after labouring in the trough of the waves, had a " slight slant upwards." After referring to the credit schemes for trade, he remarked very justly that after all the one cure for the depression was work in order to restock the world. He had heard reports from employers of a perceptible improvement in the quality and quantity of work which had been put in recently.