NEWS OF THE WEEK.
THE most important event of the week was the publication in Thursday's Daily Chronicle of a long interview with Mr. Lloyd George, in which the quickchange artist of politics suddenly goes over to the Little Navy camp, and, making use of all the well-worn shibboleths of the pacifists, tells us that the moment has come for ceasing to maintain our efforts towards the possession of an invincible Navy. The interview is introduced with such "scare" headlines as "Mr. Lloyd George's Bold ,Indictment" and "Arrest this Organized Insanity' and ."Work for Peace,'" and we are bound to say that the text fully bears out their sensationalism. The significance of Mr. Lloyd George's new move was fully appreciated when it was seen that Sir John Brunner had sent a letter to the papers on the same day denouncing naval expenditure, and that all the prominent Liberal newspapers had taken up their parable on the subject simultaneously. Already it seems plain that Mr. Lloyd George's perversion to the Little-Navyitea will have a considerable influence on the fortunes of the Liberal Party. His genius for electioneering has prompted him to bait his hook with the appetising prospect of enormously reduced rates and taxes if only money can be diverted from armaments.
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