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For our part we are well satisfied with the admission

of the Government that it is impolitic to wait for more than a year in relieving the heavy industries. The Budget is the Government's great cure for unemployment and lagging industry. If there is no case for speed in these circumstances where does such a case exist ? We must call attention to the excellent suggestion of Sir Hilton Young that British credit should be made available for development throughout the Empire. Surely it is good sense to follow up a line which has already proved profit- able. One consoling fact among many disappointing figures published lately has been the growth of trade within the Empire. * * * *

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