5 NOVEMBER 1927, Page 1

This is indeed a lesson for all the non-Socialist voters,

who are much too apt to forget what a terrible drag soaring rates are upon industry. Talk about the need of national economy is widespread and popular enough, but there are thousands of industrial firms which arc pre- vented by the crushing.rates from realizing the prosperity that might be theirs—to the untold advantage of their employees. What in the circumstances could the non-Socialist parties do but bring their ordinary political machinery into play when the Socialists had done that very thing ? It was the only possible retort.

- *