25 JULY 1931

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EDITORIAL AND PUBLISHING OFFICES : 99 Gower Street, London, W.C.

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1.—A Subscription to the SPECTATOR costa Thirty Shillings per annum, including postage, to any part of the world. The SPECTATOR is registered as a Newspaper. The Postage on this...

News of the Week The Situation in Europe T HE Conference

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seems fated to end sooner than we hoped, perhaps before these words are read ; with immediate danger staved off by credits for Germany, but with no real provision made for the...

There was a sharp reminder of this when the leaders

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of the Nazis, who now call themselves the " National Opposition," sent on Tuesday to Dr. Brining a telegram composed—or posing—as a support to him against the French. They...

In London In a sense the London Conference began in

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Paris, for the principal members certainly conferred long and b - us j ily - there. But they left on Suriday and Monday for the first meeting here on Monday evening. Mr. Stimson...

(Signed articles do not necessarily represent the views of the

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SPECTATOR.]

Friday, the 17th, when the German Chancellor himself and the

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Foreign Minister arrived in Paris, was taken up by more conversations and any doubts about the holding of the London Conference came to an end, as distrust was slowly dissipated...

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Communal tension in India continues to cause sporadic outbreaks, the

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true gravity of which lies in their implica- tions as danger-signals rather than in their immediate local effect. In The Times last week there was a signifi- cant juxtaposition...

Australia The Commonwealth's drastic measures of retrench- ment came into

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force on Monday and have already strengthened Australia's credit. Salaries and pensions have been cut down and the interest on internal loans has been reduced, while taxes have...

Sunday Theatres We think that the House of Commons Committee

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did wisely in rejecting an amendment which would have brought stage plays within the scope of the Sunday Performances (Regulation) Bill. Apart from our desire to see the...

India The list of members nominated by the Prime Minister

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to the Federal Structure Committee was published last Monday. The Indian membership comprises twenty- eight distinguished and representative names. The English representation...

Parliament On Thursday, July 16th, the Upper House concluded the

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Report Stage of the Franchise Bill. For the Govern- ment Lord Passfield said that they would not accept in the House of Commons the drastic amendments made. The Lower House...

On Monday the House of Lords gave a second reading

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to the Agricultural Marketing Bill by 39 votes to 10. Lord Strachie, a former Liberal Minister of Agriculture, moved the rejection on the ground that the Bill fixed the prices...

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Rent Restriction We should attach more importance to the Report

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of the Committee which was given the task of inquiring into the working of the Rent Restriction Acts if the present Government had not the ungrateful habit of flouting the...

The National Rifle Association Another Bisley meeting is over, though

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the ranges are seldom empty for long nowadays. The King's Prize, which was won last year by a member of the Women's Auxiliary Corps, went for the third time to Sergeant Fulton...

Byron's Newstead M. Venizelos, the Greek Premier, made a special

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journey to England so that he might attend the ceremony on July 16th at which Newstead Abbey was given by Sir Julien Cahn to the Lord Mayor and Corporation of Nottingham. M....

* * * Bank Rate 31 per cent., changed from

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24 per cent, on July 23rd, 1931. War Loan (5 per cent.) was on Wednesday 1034; on Wednesday week, 103 ; a year ago, 1031. Funding Loan (4 per cent.) was on Wednesday 941 ; on...

Methodist Union The Wesleyan Methodist Conference in Birmingham adopted last

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week, by a decisive majority of 558 to 14, the long debated scheme for union with the Primitive Methodists and the United Methodists. The two smaller Churches had already...

Abyssinia We make our bow of welcome to the last

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born demo- cracy, and most heartily wish it well. The Emperor of Ethiopia, King of Kings, Descendant of Solomon and the Queen of Sheba, successor of Prester John, has most...

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The London Conference

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T HE civilized world has taken a century to learn the lesson taught by Lord Castlereagh : Let the nations confer. It is one of the proofs of the influence of the spirit of...

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The Week i n Parliament

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T HIS last week has brought home vividly the fact that we have now in the House of Commons an alter- nating Opposition. The spectacle of the Government fighting for a Bill line...

The Sterilization Bill

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L AST Tuesday, Major Church introduced into the House of Commons a Bill to legalize the voluntary sterilization of mental defectives ; it was rejected by 167 votes to 89. At...

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The Colour Bar

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[The Spectator does not necessarily agree with all the views of the writers contributing to this series on the . Colour. Bar; Our object in publishing the series is to attempt...

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The Royal Commission on the Civil Service By W. J.

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BROI‘•N, M.P. T HE modern Royal Commission greatly resembles modern democratic politics. In Parliament the forces of action and reaction are so evenly balanced that however...

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The Five Years' Plan

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BY MICHAEL FARBMAN. , I—Reconstruction by Privation T HE Five Years' Plan is nominally a programme of construction. Its full name is the " Five Years' Plan of Socialist...

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A Charter for Walkers By C. E. M. Joni). T HE

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attitude of this generation to nature is perversely contradictory. On the one hand we have developed a quickened sense of the beauty of the countryside and, assisted by the...

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Since writing the above we learn that Miss Offenheim has

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renounced the penalties, stating that it has always been her intention to do so. It would thus appear that she is after all not on the side of the angels, for she has drawn the...

Poetry

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Not By The Shore NoT by the shore does love or beauty lie. And hearts must fail which look for shells and bright things With cheated eyes and hands that have been duped once,...

A Penny of Observation

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AR3fADO : How haat thou purchased this experience ? MOTE : By my penny of observation. (Love's Labour's Lost.) CONSCIENCE MONEY. By a rare combination of lofty principles and...

LITTLE EASE.

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The Englishman is fast coining to regard his telephone system in the same light as he regards his climate. A right number at the right moment, like fine weather over a crucial...

WILLS ON WAX.

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A gentleman is making his will on a gramophone record, in his own voice. This is an excellent idea. The most maddening thing about all legal documents—especially those involving...

THE PARTY SPIRIT : (To LIBERALS AND OTHERS) A menagerie

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proprietor announces in a film paper that he has available at the moment " a score of trained dogs, an educated skunk, a screaming eagle, and an owl which hoots on command. He...

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* * * The force of many vivid imaginations, working

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through the agency of the C.P.R.E., has been set to the solution. The Oxford Survey is a good example A small but not insig- nificant note appended by Mr. Rayson (an architect...

A CAT'S INTELLIGENCE.

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The developing instinct of a certain London cat ought to interest Mr. Morrison, as well as our biologists. It has learnt the laws of traffic control. Whenever, as often, it...

YELLOW ROSES.

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Yellow is a hardly less natural colour in roses than pink and white--witness the Scots brier; but most gardeners have some trouble in finding satisfactory yellows for their...

It is scarcely possible to pay too high a tribute

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to the research work of the little group of Cambridge Mendelians, if one may so call them. Mr. Punnett has followed out as fruitful a line as Sir Rowland. It is, for example,...

Country Life

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BURBAN. A new word that carries a considerable freight has been launched, and is likely to enjoy a fair voyage : it is " rurban," or " rurbanization," was built by Mr. Muirhead...

The presence of such a population, imbued with such a

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psy- chology, compels in many places a new conception of the social and artistic structure of the county. Not only have factories come south, but they have planted themselves in...

STAND-UP VARIETIES.

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The cornfields suffered less than might have been feared. It was astonishing (in the course of a long journey by road just after the storms) to see how very flat were some...

A BOILING CLOUD.

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A number of queer phenomena, that have not found their way into print, were associated with the queer downpours and " cloud-bursts " of last week. In Oxford, for example,...

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Letters to the Editor

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[In view of the length of many of the letters which we receive, we would remind correspondents that we often cannot give space for long letters and that short ones are generally...

KENYA

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[To the Editor of the SPECTATOR.] SIR,—Professor Malinowsky, writing in your paper on the subject of the " Colour Bar," asserts that " East Africa, and Kenya especially, is at...

THE INDIAN MUTINY IN PERSPECTIVE

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[To the Editor of the SPECTATOR.] SIR,—For an example of his chivalrous sympathy for the beaten side Sir George MacMunn refers your readers to page 202 of his book. If I could...

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EMPLOY THE UNEMPLOYED

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[To the Editor of the SPECTATOR.] SIR,—The leading article in the Spectator of July 11th, on the suggestion to " Employ the Unemployed " by letting them make for one another...

THE OPEN EXHAUST

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[To the Editor of the SPECTATOR.] SIR,—In his very instructive article, " An Italian Experi- ment," which appeared in your issue of July 4th, the Rev. H. W. Fox deems it an...

PEACE AND PROPAGANDA

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[To the Editor of the SPECTATOR.] SIR,—We are often told that war is a best-seller and that the propagation of peace has little news-value. In the past many complaints have been...

THE VOICE OF PREJUDICE

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[To the Editor of the SPECTATOR.] Sin,—What does your correspondent Mr. Ashe make of Christ's words to His disciples, recorded in Luke xxii. 35-38—" lie that hath no sword let...

ISLAM AND THE COLOUR BAR

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[To the Editor of the SPECTATOR.] SIR,—It has always been the dominating nation that has kept the colour bar alive by thinking itself superior to the subdued. Whether for...

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MIXED BATHING [To the Editor of the SPECTATOR.] SIR,—Greatly daring,

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I think that there is something wrong, something indecent, and that mixed bathing offends my sensibility. I pass for an ordinary man " who tries to be as perfect as he can," and...

[To the Editor of the SPECTATOR.]

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SIR,—How to " Employ the Unemployed " is one of the most important and one of the most neglected problems of the present time. Work for all is as essential as education for all,...

THE BATTLE OF BRUNANBURH [To the Editor of the SPECTATOR.]

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SIR,—The reviewer of my book doubts whether Anston is associated with King Athelstan, as it " merely means the one or lonely stone." Why so trite a meaning for the place from...

LOTTERIES [To the Editor of the SPECTATOR.]

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SIR,—In your issue of May 23rd you classify lotteries as " try- ing to get something for nothing by gambling." This is, maybe, one way of looking at it, but do not all Stock...

THE CENSUS [To the Editor of the SPECTATOR.]

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SIR,—(1) The Registrar-General's statement that a birth-rate of 16.3 per thousand is insufficient to maintain a stationary population implies that we are not to expect our...

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A Hundred Years Ago " THE SPECTATOR," JULY 23an, 1831.

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TEPID SWIDOdING BATH. This improvement in the luxury of bathing is likely to render tha6 healthful and invigorating .practice more general than it has been, as the temperature...

THE GAME SEASON.

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We hear from all quarters that it has hitherto been an admirable breeding-season for game of every kind ; litters of foxes innumerable ripening to maturity, and hares and...

ELECTRIFICATION OF RAILWAYS [To the Editor of the SPECTATOR.] SIR,—My

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attention has only just been called to Mr. Whyte's letter in your issue of June 27th. I repeat that one can travel by car between London and Bournemouth as quickly and more...

R.S.P.C.A. AND HUNTING

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[To the Editor of the SPECTATOR.] Sin,—In your issue of the 18th inst. Mrs. Binstead wishes the R.S.P.C.A. to leave hunting alone. So do I. They cannot& however, alter their...

POINTS FROM LETTERS WORN TYRES.

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I notice that a Welsh motor owner has been fined under the new Road Act for driving on smooth, worn tyres. To those about to set out on a motoring holiday the news will be a...

WOMEN'S HOLIDAY FUND [To the Editor of the SPECTATOR.]

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you extend the hospitality, of your pages to an appeal to those of your numerous readers, now arranging for their own summer holiday, to remember the needs of the poor...

THE NEGRO IN THE UNITED STATES.

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I take the following from The Times of July 20th " . . . 150 negroes held a meeting at Camp Hill to protest against the death sentences passed by the Court on eight negro youths...

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Tilt Spatator

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FINANCIAL SUPPLEMENT BANKING AND INSURANCE No. 5,378.] WEEK ENDING SATURDAY, MLY 25, 1931 GRATIS.

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AMALGAMATIONS AND THE PUBLIC.

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Although the absence of a widely-developed cheque system may be the first distinctive characteristic of Continental banking to strike the British visitor, it is in reality of...

British and Foreign Banking Methods THE development of the travel

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habit, both for business and pleasure, has brought most of us into direct contact with banks in the larger foreign centres, but our relations with overseas banking have...

FINANCING INDUSTRY. •

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A comparison between British banking, consisting of a few strong units, and the Continental and American systems, where many individual units are operating, lends itself to an...

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SOME EXAMPLES.

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These points may best be indicated by examples. You are forwarding a cheque by post in settlement of an account. It is stolen in the post or from your creditor's leiter box, the...

JUDGING BY RESULTS.

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Judged On results, and from the purely banking point of view, the British system has proved itself to be far better than any overseas system, for this country has been entirely...

The Man in the Street and His Cheque •

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Tim defence put forward by the District Bank in its action with the executors of one Harry Turner, deceased, will have brought home to all readers of the law reports in the...

" NOT NEGOTIABLE."

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Where your thief has passed the cheque on to a bona fide transferee who acquires a good title, the cheque in this case having been drawn payable to " bearer," or having become...

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SOME PRESENT YIELDS.

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The position, therefore, is exceptionally sound. Never- theless, the first consideration affecting share quotations is the rate of dividend in conjunction with the " cover "...

Bank Shares as Investments ,

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As media for safe and remunerative investment bank shares have for long been held in high 'esteem by the investor and have been regarded practically in the light of gilt-edged...

PROVINCIAL SHARE YIELDS.

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The effect of trade stagnation has been most marked on the results of 'some of 'the, provincial institutions, the operations of which are confined mainly to the depressed...

FURTHER MEANS OF PROTECTION.

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If such words are used without the expression " not negotiable," you will protect yourself against a banker who is unwise enough to collect for someone other than the payee, but...

MAXIMUM DIVIDEND SHARES.

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In addition to the variable dividend shares mentioned there are certain classes of fully paid shares which are limited as to dividend. The distributions on the former are so far...

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CONDITIONS OVERSEAS.

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When we consider the position of the Overseas banks we find that although the reverses sustained have been severe in some instances, in others the results have been surprisingly...

Building Society Progress

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THE position which is held to-day by building societies in the financial section of. the community is so well accepted that it is worth pausing a moment to see how recent the...

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Family Protection Assurances

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No new plan of life assurance has ever met with so much success as what are generally called family prcitection, or family income, policies. When the Insurance Supplement of the...

COST OF INCOME BENEFIT.

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For a man aged 30 next birthday the additional premiums charged by the Atlas for each £100 per annum of " family income ' benefit are as follows :- Family income benefit payable...

GUARANTEES PROVIDED.

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Assuming the object aimed at be the guarantee of a quarterly income of £40 until the child reaches the age of 20, then if the father died immediately after effecting the policy...

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"Spectator " Competitions

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RULES AND CONDITIONS Entries must be typed or very clearly written on one side of the paper only. The name and address, or pseudonym, of the competitor must be on each entry and...

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This Speaking Garden

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A Modern Herbal. By Mrs. M. Grieve, F.R.H.S. Edited by Mrs. C. F. Leyell. 2 vols. (Cape. 42s.) Iv 1629, John Parkinson, dedicating his Paradisi In Sole Paradisus Terresiris to "...

Too Late

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South Africa. By Jan. H. Hofmeyr. (Ernest Benn. 15s.) THERE is no one more competent than Mr. Hofmeyr to write the history of South Africa. He has academic, administrative and...

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Baroque

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IT is with delight that we follow Mr. Sitwell through the highways and by-ways of Spain, taking a sniff here, a full meal there ; through unfamiliar Portugal with its brilliant...

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Pere de Caussade

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On Prayer : Spiritual Instructions on the Various States of Prayer. By Jean Pierre de Caussade, S.J. Translated into English by Algar Thorold. With an Introduction by Dom John...

The American Balzac

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Dawn. By Theodore Dreiser. (Constable. 10s.) MR. DREISER is engaged upon an autobiography which will probably be one of the longest and most detailed ever written. There are to...

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THE INDEX TO VOLUME 146 OF THE " SPECTAToR''' IS

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NOW READY. One 1Chilling (or 25 cents) for each copy should be enclosed with' instructions, and addressed to .*-- /NDEX DEPT., THE " SPECTATOR," LTD., 99 GOWER STREET,...

Before the Mayflower

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Before the Mayflower. By John Yardley. (Heinemann. Iris.) Narratives of the Discovery of America. Edited by A. W. Lawrence and Jean Young. (Cape. 10s. 6d.) THERE can be no more...

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Fiction

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A Bunch of Detective Stories MANY of my acquaintances absorb two or three detective stories a week, taking them as they might take cognac or cocaine to take them out of...

Current Literature

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THE windmill seems to be becoming a fashionable literary subject. We reviewed two books on it in the spring : one the first volume of a general technical survey, the other an...

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Doctors Commons, where the ecclesiastical lawyers practised and dined from

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Elizabeth's reign to mid-Victorian times, is immortal in the pages of David Copperfield though its site is now partly covered by Queen Victoria Street. An authoritative history...

Modern Dutch Buildings, by F. R. Yerbury (Ernest Benn, Ltd.,

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32s. 6d.) may be regarded as a- sequel to the previous book by the same author and J. P. Mieras, which traced the development of architecture in Holland throughout the first...

The Modern Home

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[We shall be pleased to reply to any enquiries arising from the articles we publish on the Modern Home page. Enquiries should be addressed to the Editor, The SPECTATOR, 99 Gamer...

In November, 1930, Sir Arthur Salter was invited by the

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Indian Government to visit India. India now ranks as one of the eight chief industrial countries. Yet, " In spite of her industrial achievements and ambitions India is predo-...

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Travel

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[We publish on this page articles and notes which may help our readers in making their plans for travel at home and abroad. They are written by correspondents who have visited...

The Malvern Festival, which will take place from August 8rd

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to August 22nd, promises to be of unusual interest this year. The seven plays which Sir Barry Jackson is presenting cover, roughly, -- the whole histdry of the drama . *...

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ORIGIN OF INQUIRY.

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I suggest that this central fact of political influence should be kept carefully in mind by all readers of the Macmillan Report. It is a simple statement of fact that the origin...

Finance—Public & Private

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Banking and Industry—The Macmillan Report—I IT is unfortunate that the appearance of the long expected Report of the Macmillan Committee on Finance and Industry should have...

ADHERING TO THE GOLD STANDARD.

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Of,course since the Macmillan Committee was appointed the 'industrial crisis in this country has developed into a world crisis, but I think that fact has rather diverted the...

INTERNATIONAL CO-OPERATION.

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There is , also one general point in the Macmillan Report which, I think, will strike most practical men, namely, the great stress which is laid upon the necessity for close...