23 JULY 1904, Page 3

The speech made by Mr. Chamberlain at Stafford House on

Thursday to a gathering of Tariff Reformers was only note- worthy for the references to Mr. Balfour. These references are a complete endorsement of what we have repeatedly said in regard to the relations existing between Mr. Balfour and Mr. Chamberlain. " We, more fortunate than Mr. Cobden, have always enjoyed the sympathy of the Prime Minister and his colleagues. I wish it had been a little more than sympathy, but everything comes to him who stands and waits." In other words, Mr. Balfour will speak out " when the proper time