ECONOMY.
While I do not propose to follow Lord Inchcape in his allusion to the causes of unrest in China, with which I may say the City as a whole is not in agreement, I cannot refrain from commenting upon the shrewd humour and the sturdy common sense which characterized his reference to certain matters connected with the internal economy of the companies' workings. When, for example, he pleaded with lady passengers to refrain from using the company's pillow cases as boot bags on the occasion of embarking ; and with other passengers not to leave the bath-room taps on, there was something more than a desire to introduce humour into a business speech. No one knows better than the noble Chairman the part played in the plan of economy by small items, and the force of his observations should come home to others besides intending passengers in the P. and 0. Company. They might usefully be read by Cabinet Ministers, permanent
Government officials and, indeed, by the general community. It was Lord Incheape who during the period of War inflation and reckless expenditure was the first to refer to the nation as " splashing in millions," and it was very largely to his cam- paign of economy that we owed the formation of the Geddes Committee and the greatly needed cut in National Expenditure. There is only too much need for a fresh economy campaign and the City looks to Lord Inchcape to lose no opportunity for furthering- such a movement. A. W. K.
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