2 OCTOBER 1926, Page 1

Whatever the truth may be, the miners were in the

end Offered an apparatus of national revision which goes a 1"g wail towards ineeting_their wishes. It is true that the wile*: 3chich Mr. Churchill lid. forward .dtiring2Mr. Baldwin's absence has disappeared, and that the -present scheme inverts the order of things ; it provides for national revision after district agreements have been completed, instead of providing first a national frame- work into which the district agreements would be fitted. Nevertheless the proposed National Arbitration Tribunal . makes it possible for what may fairly be called a national • peace in the coalfields to be obtained. In our judgment - the miners or their leaders will commit a new act of folly if they say "No." All that remains is a choice • between Mr. Baldwin's offer and that sort of settlement- . unworthy of the name of settlement—which would be the . result of exhaustion.