good choice. We could not have hoped for a better
brain to deal with the question of exported German capital. The only doubt was whether Mr. McKenna could find the necessary time ; but he has evidently made it a point of duty not to refuse. As for the British representatives on the other Committee, Sir Robert Kindersley is an accomplished business admini- strator, and his work in connexion with saving during the War is gratefully remembered. Sir Josiah Stamp has had wide experience in practical economics. He is now Secretary of the Nobel Industries, Ltd., and was formerly Assistant-Secretary of the Board of Inland Revenue. His work as a statistician and economist is famous. Our readers will remember the learned articles by him on the Capital Levy which we published on November 24th and December 1st. It is hoped that the American unofficial delegates will be General Charles Dawes and Mr. Young. General Dawes is credited with a sort of daemonic energy, and we are extremely glad to know that he is to be invited to be Chairman of the Committee for examining the means of balancing the German Budget.
