Our great industries, including cotton, wool, coal, shipbuilding, iron and
steel, cannot hope to recover except by the revival of overseas buying. British industry is plainly organized for a world market. The whole world is consequently interested in the prosperity of British industry. When British industry is depressed foreign producers are proportionately depressed. By removing, wherever possible, restrictions upon the move- ment of goods we shall make our contribution to the recovery of Europe. It is not less than a duty for Great Britain to do this ; and by the commanding part played in the Economic Conference by British representatives we encouraged the world to think that we should show the way. What a time to talk about going back upon all the recommendations of the International Economic Conference and retiring behind unscalable tariff walls ! We have written further on the fiscal question in our first leading article and need only add here that on Wednesday at a Cabinet meeting, the Prime Minister, according to the accepted reports, demanded the observ- ance of collective Cabinet responsibility. his very proper reproofs were taken in the right spirit and there ought to be no more breakaway speeches like that of the Home Secretary at Broadlands. The Prime Minister will state Unionist policy at the Party meeting in September. * * *
