POLICY or THE FREE HAND.
In that connexion I suggest that if the Government uses courageously but wisely the free Mandate given 1.):. 'he country with regard to the measures to be taken to res.ore our trade balance and our exchange and currency stability, it will find in that Mandate its strongest card in bringing about international co-operation. We have been a little too altruistic in our monetary and financial policy during the post-War years and have reckoned too con- fidently upon the good will of nation towards nation. Our own good will reinairis,. our desire to stabilize our currency at the highest possibleievel can be =questioned, but it is now " up to" some of the other nations to show (Continued on page 858) their hand a little more plainly in bringing about what has been the aim of Great _Britain ever since the War, namely, the firm establishment of international peace and the financial rehabilitation of all countries.
A. W. KIDDY.
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