G ERMANY to-day is a country from which individual liberty has disappeared. All the guarantees,Of the constitution have been suspended, and no one knows for how long. Methods,...

Never perhaps since Lincoln's inauguration in 1861, never certainly since Wilson's second inauguration in 1917, 'has - a President of the - United States begun a term- of office...

The decision of the Government to proclaim an embargo on the export of arms to Japan is to be cordially wel- comed. It is the obvious corollary of the unanimous vote of February...

: MUSEUM 1721. Entered as second-class Mail Matter at the New York, N.Y. Post Office, Dec. 23rd, 1896.. Postal subscription 30s. per annum, to any part of the teonid.' Postage...

The South African political manoeuvres have ended at last, and the Union is definitely to have its National Government, with General Hertzog as its MacDonald, and General Smuts...

his speech at the annual general meeting of the L.M.S. Sir Josiah Stamp claimed that the railways are abandoning the conservative traditions of the past, and the big savings in...

in the Legislative Assembly at Delhi has been delayed by Hindu obstruction. The. Finance Member, Sir George Schuster, in bringing in the budget, has been able to report not only...

The swing over of votes in favour of Labour at the Rotherham by-election is so big that it can hardly. be accounted for by the removal of the exceptional conditions of the...

froth a study of the Civil Estimates for 1988 - 84. Though the figures show an apparent' reduction of about £82,000,000 on the actual (as opposed to the estimated) expenditure...

But the Foreign Secretary is still resolved to maintain at any cost his reputation as apologist for Japan, and his speech on Monday was in his best traditional vein. It...

are now breaking nto houses as well as robbing shop windows, has raised many doubts as to whether the police are being used to the best advantage in preventing crime and...

taxation gave remarkable proof of the profound disappointment caused by the totals of the Civil Estimates for 1933 - 34. Mr. Boulton's theme was " if you can't spend less...

It was made clear by Sir Ernest Cowers, Chairman of the Coal Mines Reorganization Commission, in his address at Cardiff last week, that the coalowners will have to enter into...

In next week's Spectator Miss Rose Macaulay will criticize " The Return to Horridness " (in literature). Mr. V. S. Pritchett, the well-known novelist and critic, will put the...

The co-operative movement has been, and is, a social and educational force of great value to the community. But it is no longer necessary, nor is it desirable, to encourage the...

• Our Parliamentary Correspondent writes : Sir John Simon can always put up an attractive - argument when he is briefed with something to say, and the manner of his...

and Mr. Churchill's partisans are cock-a-hoop over their large vote on Tuesday at a meeting of delegates from Conservative Associations. Their jubilation is ill- founded,...

Of more immediate moment to the world is what Germany under Herr Hitler and his allies may contem- plate in the field of foreign politics. What is known of that so far is...

M R. BALDWIN'S allusion to a " much-needed lesson " on " wise spending " last Saturday is another indication that the Government is hoping to keep pace with the nation in its...

the present Foreign Secretary and Sir Austen Chamberlain, in the arms embargo debate on Monday, have been a good deal commented on, the significant fact being that Sir John...

Wednesday, when he predicted that " in due time " railroads, coal and steel would be nation- alized up to the B.B.C. model and the Post Office and one or two Government...

spent another two hours or so of sheer delight the other day seeing and hearing (one cannot say simply seeing, as in the case of an ordinary stage play) Ruth Draper. Miss Draper...

book,' Richard Aldington." Sunday Referee, February 26th. " Aldington is a man to be admired." Richard Rum. bold. Same paper, same day, same page. Jextrs,

the wife of Mr. Algernon Cecil, lends a poignant significance to the dedication of Mr. Cecil's Metternich, published early last month. The book is inscribed "To My Wife : From a...

people who talk of doing anything about them are talking of doing the wrong thing. The L.C.C. tniks of taxing horse vehicles, for which there seems small justification, and the...

beautiful ballets organized by the Association of Operatic Dancing could not save the Coliseum as a home of ballet and vaudeville. I went in there a day or two ago when an...

the Gen& of twenty years ago, when she was still at the height of her powers, the greatest—was she not ?—of all the ballerinas of her time. She had the exactness of...

BY HARRIS ON BROWN. T HE rapidity with which Fascism in its ugliest form has burst upon. Germany seems to have bewildered the country. Every day sees the perpetration of acts...

BY R. A. Scorr-JamEs. A PROTEST has recently been made against a protest. which appeared in the coluMns of a weekly review. In the latter it had been asserted that a reviewer...

T HE Ethics of Gambling is a topic upon which thinking men cannot to-day afford to be silent. For the question is not one merely of the effects of gambling— these may appear...

BY HUGH MARTIN. V GROM men are multiplying; of that there can be no question. There are certainly more tramps on English and Welsh roads to-day than at any other time in...

BY JOHN POLLEN. P ERHAPS the cult of anniversaries is rather overdone nowadays. Every year brings with it its crop of centenaries, bicentenaries and so forth. We are con-...

"Once in a Life-Time." By Moss Hart and George S. Kaufmann. At the Queen's Theatre Tuts gay, shrewd satire deals with the advent of the talking pictures. Hollywood, for many...

A Letter From Cambridge [To the Editor of THE SPECTATOR.1 SIR,—The stream of University life has two aspects. As an institution and a centre of civilization the current is...

kiriwr.sron," Kasen 2xn, 1833. ' How tó TURN our Time Winos.The Conservatives are destined to enjoy - w-monopelY of popular odium no longer. The Whig Ministry have made...

The Road to Ruin (1) Mimic Warfare TROOPS on manoeuvres, mechanized and masked, Solve tactical conundrums for the Tanks— Plodding the Plain in patriotic pranks. " What means...

on the various efforts made in any and every county to restore and maintain the vitality and vivacity of village life. For example, the village of Cambo in Northumberland has a...

word is allowable ; and the C.P.R.E. builds even better than it knows in preserving the external beauty. It is the one social unit where neighbourliness, in the strict sense of...

While staying in Essex I came upon the real cause, or so it seems to me, of the coming of the gulls to London. The established explanation, which most of us have endorsed,...

A certain delightful way of showing spring flowers may be unknown to some householders. The receipt is this : take a cork mat and float it in a bowl of water. Sow grass seed....

QUAIL AND LINNET. We do not eat specially fattened gulls, but we still eat specially fattened quail ; and it is a lamentable fact which must be registered that this trade in...

THE NEw VILLAGE. The village, especially the English village, is one of the only social units that may be said to have a soul of its own ; and it must be good for England that...

Some further account has reached me from the unhappy. Argentine of the fate of the bees which as a rule find their optimum in that part of the country. They died in their tens...

the breeding grounds is quoted from old Fuller. " There is an island ofseme 200 acres near Harwich called the Puit Island (i.e. Pewit gulls) in effect' the sole inhabitants...

THE USEFUL PHEASANT In answer to a question about game and farms — on the highly cultivated marshes of South Lincolnshire it a farm, one of the best in England, where the...

[To the Editor of Tun SPECTATOR.] SIR,—I read with pleasure the excellent article, " For Beast and Bird," published in your issue of February 17th. I was glad to notice also...

hope will become law when Colonel T. C. Moore's Bill for the humane slaughter of animals by means of the mechanical killer comes before Par- liament on March 31st. This is now...

[Correspondents are requested to keep their letters as brief as is reasonably possible. The most suitable length is that of one of our " News of the Week" paragraphs.—Ed. Tux...

Sin,—It is to be hoped that the Slaughter Bill presented to Parliament by Col. Moore, and which comes up for second reading on March 31st, will get on the Statute Book. In his...

Sia,—In connexion with the gallant stand you are making for humane slaughter, may I point out.that while the Scottish butchers have accepted loyally whatever expense the...

[To the Editor of THE SPECTATOR.] SIR,—May I reply to four of the Dean of Durham's criticisms of the Oxford Movement in your issue of last week ? In some ways he entirely...

survey by my friend, Bishop Welldon, appearing in your last deserves a wide circulation. He has commented on the effects of the Movement on its Anglican side. May I add a...

[To the Editor of THE SPECTATOR.] SER,—There are one or two serious mis-statements in Mr. A. W. Kiddy's article on Finance in your issue of Feb- ruary 17th. I hope you will...

[To the Editor of Tim SPECTATOR.] SIR,—It is good to see that the directors of Olympia have faith in and are planning for the future. While serving their own interests by...

[To the Editor of THE SPECTATOR.] Sra,—The recent plea by a motor insurance authority for radical improvement in the standard of car driving, followed by the publication by...

[To the Editor of TIIE SPECTATOR.] Sra,—It may possibly be interesting to English rowing dignitaries, in view of the recent controversy as to style, to learn of an American...

[To the Editor of TILE SPECTATOR.] Sia,—For sheer bias the article Crisis at Geneva " should be given a leading place. It seems a trifle like scare- mongering to state " If...

[To the Editor of THE SPECTATOR.] SIR,—The final paragraph of Mr. J. D. Cockcroft's article, "New Light on the Atom," in the issue of The Spectator for February 24th may not...

Snt,—I notice that a verbal error has crept into my Letter published in your columns last week. In the last paragraph I am printed as writing The Organizer of an Edinburgh...

[To the Editor of THE SPECTATOR.] SIIL—Your recent comment on the Thames' waterway and the leaflet on the scheme which I have put before the competent authorities may perhaps...

[To the Editor of THE SPECTATOR.] SUL—In 1918 in the midst of war when the Inflation, which is almost a necessary consequence of war, was creating an unfounded sense of...

FINANCIAL SUPPLEMENT Banking and Insurance No. 5,162.] FRIDAY, MARCH 3, 1933,

A Study in Contrasts WHETHER regarded from the standpoint of profit earning or of strain upon world credit the past year has probably been one of the most difficult which...

Deposits Rise ; Loans Fall IN some respects the main facts expressed in the balance- sheets of the joint stock banks as made up at December 31st last are almost the exact...

NOT since the Great Fire has there been such a complete rebuilding of the City of London as that which has taken place during the past few years around the Bank of England. The...

IN examining the figures of the Scottish banks not merely for the past year but for a series of years it is impossible not to be impressed with their remarkable steadiness both...

FIVE ma CENT. with safety appealed to all classes of the population with much or little to invest. The great popularity of the old 5 per cent.. National War Loan was due to the...

'99 - Fetiei Lane; E.C. 4. and published by Tun SPECTATOR, LTD., at their Offices, No. 99 Gower. Street, London,-W.C. 1—Friday, March 3, 1933.

IN polities as in literature, genuine realism is a difficult achievement. To commit indiscretions which shock Mrs. Grundy, to emphasize disagreeable realities which senti-...

The Wreck of Reparations. By John W. Wheeler-Bennett. (Allen and Unwin. 12s. 6d.) REPARATION (it has become almost pedantic to use the singular, for which alone there is...

Boycotts and Peace. A Report by the Committee on Economic Sanctions. Edited by Evans Clark. (Harper. 16s.) IN August, 1931, Dr. Nicholas Murray Butler was invited by the...

Death of a Fleet (1917-19). By Paul Schubert and Langhorne Gibson. (Hutchinson. 12s. 6d.) IT is well known that the mutiny in the High Sea Fleet precipitated the German...

The Life of Shelley : ae comprised in The Life of Shelley by T. J. Hogg ; the Recollections of Shelley and Byron by E. J. Trelawny; Memoirs of Shelley by T. L. Peacock With an...

Ivar Kreuger. 13y George Soloveytchik. (Peter Davies. 5s.) CONSIDER the Financier : at school apt for sharp practice ; in love secretive and promiscuous ; diffident and...

The Hospital Almoner. (Published by a Committee of the Hos- pital Almoners' Association, Tavistock Square, London. 3s.) SOME people now look upon hospitals as purely technical...

Rinebard. By Thomas F. Tweed. (Arthur Barker. Vs. 6d.) IN 1949 the President of the United States was involved in a motor accident. Rinehard recovered, but thereafter appeared...

The Amazing Mr. Noel Coward. By Patrick Braybrooke- (Denis Archer. 7e. 6d.) . . ON December 16th, 1899 (though Mr. Braybrooke does not put it quite like that), Mr. Noel Coward...

notify. THE- SPECTATOR office BEFORE MIDDAY on MONDAY OF EACH. WEEK. The previous address to which the paper has been sent and receipt reference number should be quoted.

'Ey L. A. G. STRONG. The Chazzey Tragedy. By .Frank Prescott. (Matto and Tins is a lucky week, presenting us with at least three novels of pre-eminent quality. It is difficult...

Plight of the Railways—Statement by Sir Josiah Stamp I suALL make no apology for returning so quickly in this column to a consideration of the plight of railway stock-...

The Round Table gives prominence to articles on the prime need for a settlement of our War debt to the United States and on the great opportunity offered by the forthcoming...

' in the annual statement of )3ovril, Ltd., the directore report favourably on the home sales, saying that they have been Maintained at a gratifying level in spite of adverse...

UNSETTLING INFLUENCES. Wrra the war in the Far East and the financial crisis in the- United States, it is certainly not surprising that business in the stock markets should...

I referred a fortnight ago to the fall of nearly £60,000 reported in the profits of Harrods, Ltd. in the directors' preliminary statement, but the report which has since been...

SCOTTISH PROVIDENT. At the annual general meeting of members of the Scottish Provident Institution, held in Edinburgh last Wednesday, a very excellent statement was put before...

The report of the Metropolitan Electric Supply Company for the past year is a satisfactory one, showing great steadiness in revenue, the total of gross revenue for the year...

The annual report of the Prudential Assurance Company may be said to deal with interests of almost a national character, quite apart from the financial results to those who have...

on June 30th, 1932.

night poetry readings, after the rather embarrassing examples of the last two weeks, they will learn with gratitude that next week's readings are to be given by Mr. Robert...

out-moded national folly, provided a nice contrast to the broadcast of the seventh " Miscellany " a night or two later. These " Miscellanies " are made up of plays, songs and...

THOSE of us who had already seen the German film version of The Captain of ICOpenidc could hardly help grafting on to the broadcast version a pictorial background supplied from...

Sunday : Carl Flesch-Violin Recital (Daventry National, 5.30) ; God and the World through Christian Eyes " (Daventry National, 8.0) ; Albert Coates-Orchestral Concert (London...

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work there is behind every single radio play- an outlay I do not think all listeners adequately appreciate. In addition to the laborious office work of adaptation (the...

BY XANTHIPPE. [A prize of one guinea will be given to the sender of the first correct solution of this week's cross-word : puzzle to be opened. Envelopes should be marked "...