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The Prime Minister began his speech by expressing his regret

at the absence of Mr. Asquith, and at the genuine misunder- standing" which had severed his association with his old chief. He deprecated very strongly any debates on the Peace term,. The Conference was making rapid progress, especially in regard to the League of Nations. The draft of the League was almost complete, and had the approval, no far, of both the great and the small Powers. The Peace Treaty would be placed upon the table of the House before it was ratified. If the Healo elle re to repudiate the Treaty, it could do so.

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