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The Unionist manifesto next says that foreign markets which have been lost must be regained and extended, partly by bargaining under a system which would regard the home market as an asset and not only as a liability, and partly by Imperial reorganization. The manifesto is thus in favour of moderate Protection, which it regards as a useful device in appropriate circumstances, but by no Means as a panacea. And then the signatories emphasize the truth that the British people are not so amenable to "popular " appeals as is usually supposed. The people are even more ready to listen to a call for renunciation. Let the Unemployment Insurance problem, to begin with, he treated in such a way that (as the four Unionists say), " The demagogue will find his occupation gone." The manifesto is careful to point out that sacrifice is required from Capital as much as from Labour—a proviso to which we are sorry to see that the Daily Herald does not do justice. Finally, it says that democracy need not be ,acrificed. " Democracy proved itself the most effective form of Government in winning a great war, so it may be made not less effective in the more difficult contests of
peace." * * * *
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