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Mr. Lloyd George next dealt with the position of the

war. He warned the country that it must not expect a speedy victory from the new Administration. They were doing their best to mitigate the Rumanian troubles, and they had taken very strong action in Greece, which he thought had succeeded. The agents of that great Greek statesman, M. Venizelos, were to be recog- nized. That is good, though we cannot help feeling that the country would have heard with greater pleasure that King Con- stantine had been placed under the ban of the Allies, and that his son or some other Prince of the Greek Royal Family had been recognized as Sovereign, with hi. Venizelos as Regent for the duration of the war. There may, however, be reasons against this drastic course which we do not see.

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