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(Continued from page 848.) We count Mr. Gabriel Wells as one of the best friends that England has in the United States, and we have pleasure. therefore in drawing attention to a brief but pregnant pam- phlet that he has just published, through Messrs. Doubleday Doran of New York, on The World Crisis. The widesprearh. depression, according to Mr. Wells, is due to political rather than economic causes. The "irrationally conceived" Peace Treaties are at fault. "England is the only people that think' internationally," but our domestic difficulties prevent US from. giving a lead. France is not prepared to take positive action.
The impetus might fittingly come from America by making. an all-round cancellation a condition to a revision of the Treaties, in accordance with equity, tradition and prac- ticality." When that is done, Mr. Wells would have the League form "a composite agency with a mandate assigned' to it to subdue Russia for the sake of Russia itself." Mr. Wells, it will be seen, envisages a vast programme of recon- struction, which will provoke many and violent objections. But who shall deny that the need for readjustment is grave* and urgent ?