29 JUNE 1912, Page 29


[To THE EDITOR Or THE "SPECTATOR."" Srn,—Mr. Lloyd George says that in all such questions as that which Mr. North raises one has to come back to the land, and that the low wages of agriculture prevent any permanent rise in the wages of better-paid industries. I have not seen this disputed. But bow are these wages, whose improvement is so necessary, to be increased if the product out of which they and the small-holder are paid must not rise in value P Mr. Lloyd George hopes to get it out of the farmers, who will either pass on the loss to the consumer or come still more numerously to the Court of Bankruptcy. In consequence of taxation having no relation to representation of the specially taxed, England now seems to be "up at auction." Pensions and Insurance we have got. Will no one increase the bidding P For absolute sale and without reserve, all that property known as "British capital." Gentlemen, what offers P Going! Going 1Voodbury.