31 MAY 1930, Page 1

The effect of the debate is that the Government stock

has, fallen a few points more. The Liberals are ready to co-operate with the Government—naturally- but it seems to us that the Unionists would serve the nation best in this crisis by frankly recognizing that all hands are required to save the ship. It is said, that the Unionists would never agree to work with a Govern- ment which throws over Safeguarding. In that case the Government, since all-round sacrifices are indispens- able, might well agree to keep on the existing Safeguarding and McKenna duties till fuither notice. Those duties do not amount to mud' anyhow. Free Trade would not be prejudiced in the long run.- •