21 JULY 1917, Page 10

shade of meaning attached do the term by that eminent

phrases maker, but- I can tell you what it means out here among Unsold ]ands. Here a profiteer is one who makes profit out of the war— not " excess profit," " undue profit," or " unreasonable profit," but just profit—profit of any sort. The manufacturer who through war work declares an increased dividend, the operative who demands higher ',eget, than he ever had before and spends them on "luxury trades," thus consuming uselessly other labour that might be turned to war channels—these are the profiteers. In witeheraft vampire was identified by its bloated appearance, and the degree at which it bled if slightly scratched; perhaps the analogy will hold good of the gold vampires. Qui vivra verra.—I am, Sir, Le., FRANCE, 1914-1917.