EconomiC Sanctions Five Fellows of Oxford Colleges have issued a
valuable and suggestive memorandum on the general question of economic sanctions, taking the view, which is entirely just, that if this country has any intention of carrying out the obligations it assumed when it signed the Covenant of the Leagne of Nations it is essential to think out before- hand the means by which action in the form of economic pressure may he taken, and to pass any legislation that may be called for. The subject was discussed by the Second Assembly of the League of Nations, but has since then received less attention than it deserves both at Geneva and in this country. The Oxford memorandum (copies from L. N. Fraser, Queen's College) discusses competently the question of different degrees of boycott of a Covenant-breaking country, beginning with a ban on the export of arms and munitions to such country and continuing with embargoes on the exports to it of raw materials and the withdrawal of financial facilities. So long as this country remains bound by the Covenant such questions as this demand to be seriously considered, and the memorandum in question forms a useful and adequate basis for discussion.
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