It was stated in the Commons onTnesday that the Government
have offered to lease the National Shipyards on the Wye to the Federation of Engineering and Shipbuilding Trades. A vast amount of public money has been spent on these yards, and there should be a ready market for all the ships that may be built in them. We shall await with interest the decision of the Trade Unions. The little coterie of Syndicaliats, who assert that the workmen are perfectly capable of managing the works in which they are employed, would jump at this chance of proving the soundness of their theories. But as the Syndic. alista have no great influence in the Trade Unions, we are inclined to doubt whether the offer will be accepted. We wish that the workmen would make the experiment. It would show them that capital' and skilled management are not after all se superfluous as some of their leaders pretend.