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Mr. Asquith made important speeches at Newcastle on Friday and

Saturday of last week. We have written at length else. where on what he said about Lord French's indiscretions and the ammunition famine of 1915. We turn here to other matters. He declared that the present management of the House of Common,' was top-heavy and could not continue ; and ho appealed to despairing young Liberals among his own following not to join the Labour Party. His other subjects were the Peace Treaty and Imperial Preference.

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