At the Lord Mayor's Banquet at the Guildhall on Monday,
the Prime Minister did not deal in his speech with the great subject of Locamo, but gracefully left it 'entirely to Mr. Austen Chamberlain. Mr. Chamberlain said That the cause of the Universally favourable reception .given 16 the Pact was that it responded to the caiiscioUS need of the whole world. Any British Minister in future who continued the task of friendly co-operation would have the same support as he himself had received. He was confident that the Pact would be ratified for the simple reason that no statesman would take the responsi- bility before history of dashing the cup of hope from men's lips. He thought a new epoch had opened and he trusted that the same spirit of mutual understanding and good will which prevailed at Locarno would be found at Peking so that a new understanding might spring up between East and West in which feuds might' be forgotten and only friendships be remembered. No words of Mr. Chamberlain's were more loudly cheered than when he said, "My Lord Mayor, I have drunk to-night of your loving cup with the German Ambassador. What I have done this evening may our nation do to, morrow i " * * * *