23 MARCH 1901, Page 3

Lord Rosebery, who is doing excellent work in insisting, in

season and out of season, on the necessity for better com- mercial education and better and sounder administrative principles in the public and private business of the nation, made a stimulating speech on Thursday at a meeting held at the Mansion House under the auspices of the London School of Economics. Lord Rosebery quoted a saying of Lord Lyndhurst's that it was "a terrible thing for a nation to live upon sufferance." A nation could not live sommercially upon sufferance, but must train itself in every way to meet the stress of competition. But though Lord Rosebery gave this sensible advice to be up and doing, he showed none of that exaggerated pessimism which is so frequent just now,—and generally ends in a plea for Protection.