The date of the Guildhall meeting convened by the Lord
Mayor in support of the Anglo-American Arbitration Treaty renders it impossible for us to deal with the speeches in this issue, but we can at least express our cordial approval of the Dams of its promoters. The reception of Sir Edward Grey's speech made it clear that the principle involved was one on which both parties were substantially united, and by now ap- pearing on the same platform with the Prime Minister Mr. Balfour has shown his desire to confirm and maintain the sentiments to which he gave utterance in the House of Com- mons. The resolution has been judiciously framed, and lends no support either to the idealists who see in the proposed Treaty the prelude to the Millennium, or to those, on the other hand, who detect in it evidences of hostility against other nations. The proposed arrangement recognises and regularises the mutual amity of two nations bound by special ties of blood, language, and tradition. It is of happy augury for the formation of similar treaties with other nations, but the attempt to read more into it can only impair its efficacy.
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