4 MAY 1929, Page 1

and the Nation as well as upon the present - small

digest of it. Voters will do well, therefore, to remember that he is -trying to accredit himself to the -nation with two different documents in his hand. If the occasion served him he might make use of either. No doubt the pro- gramme or digest, small though it is by comparison with its parent, contains much more than 'any Labour Government could- achieve in a single session, yet Mr. .MacDonald would be within his rights in substi- tuting points which appear in the greater document for points which appear in the lesser. However that may be, it is remarkable that Mr, MacDonald has followed Mr. Baldwin's example in choosing a low note -in answer to Mr. Lloyd George's noisy challenge. Probably he has felt that the effect of Mr. Lloyd George's dazzling pledge 999 is diminishing. People can now see it more plainly and 689 like it less. So Mr. MacDonald has come down definitely against a policy of out-bidding. We have been careful, howeVer, to say that Mr. MacDonald is relatively riigderate. His manifesto contains enough dangers in all conscience. Before -we consider them, let us tuni. to Mr. Baldwin's speech.-