5 JULY 1924

Page 3

INDEX.

The Spectator

FROM JULY 5th TO DECEMBER 27th, 1924, INCLUSIVE. D A LDWIN, Mr., his Version of the Unionist LA Programme . .. 536 Baldwin, Mr., and his Task .. .. .. 672 — — and his Ministry...

Page 9

NEWS OF THE WEEK.

The Spectator

1 1HERE have been two major developments in the great triangular negotiations between England, France and Germany, which still dominate the European scene. First, .G.-ermany...

The second development is M. Herriot's general per- mission for

The Spectator

all the exiles of the Ruhr to return to their homes. These now number well over 100,000. It is not to be expected that at this late hour such a measure will have a great effect...

Who can doubt that two years ago these three favour-

The Spectator

able symptoms might have been confidently regarded as the beginning of a general settlement ? But to-day it must be remembered that the situation is incomparably worse than it...

We deal with the subject of the Convention of the

The Spectator

Democratic Party of America for nominating a Presi- dential candidate in our leading columns. As we go to press it seems certain that both Mr. McAdoo and Governor Smith, the...

EDITORIAL AND PUBLISHING OFFICES: 13 York Street, Covent Garden, London,

The Spectator

W.C.2.

Page 10

On Monday General Hertzog formed his new Ministry at Cape

The Spectator

Town. Its only important feature was the inclusion of two members of the Labour Party. Colonel Creswell, the Labour leader, becomes Minister of Defence and Labour, which is...

In the House of Commons on Monday the Prime Minister

The Spectator

gave a firm, though courteous, reminder to Zaghlul Pasha and all those who demand, not the Sudan for the Sudanese, but the Sudan for the Egyptians Zaghlul was so angry at the...

On Monday the King of Italy answered the addresses presented

The Spectator

to him in reply to the speech from the Throne. After expressing to both Houses his satisfaction and joyful thanks at their willingness to maintain unity and to ensure that the...

The speech undoubtedly represents the desire of Italy. It is

The Spectator

because of the murder of Matteotti by the extreme and unrepresentative section of the Fascists that the popu- larity of Fascismo has, for the time at any rate, waned almost as...

On Wednesday the Minister of Labour appointed a Court of

The Spectator

Inquiry to investigate the causes and circum- stances of the building trade dispute. The employers accordingly agreed to postpone their lock-out notices for a week. But the...

There have been several questions in the House of Commons

The Spectator

this week on the subject of the Anglo-Soviet Conference. It has been known for some time past that the negotiations were difficult and intricate ; but we strongly deprecate any...

If there had not been British troops in Egypt the

The Spectator

Mandi would have led his conquering hordes to Cairo and the Delta and overwhelmed all Egypt with a nineteenth-century version of those raids from South to North which played so...

The Prime Minister put his case, and quite rightly, in

The Spectator

very much lower and gentler terms than it might have been stated. We wonder whether there came into his mind the reflection which came to Cromwell on a similar occasion : "...

Page 11

The Prime Minister's Garden Party at Hampton Court, part of

The Spectator

the Government Hospitality Scheme, was held in honour of the Overseas visitors to this country and the chief officials of the British Empire Exhibition. The crowd of visitors...

In the House of Commons on Monday the Government suffered

The Spectator

defeat. Colonel Howard Berry moved an amendment to the Entertainment Tax exempting from duty any entertainment the whole of the profits of which were devoted to philanthropic or...

In the House of Lords on Monday the. Bishop of

The Spectator

Oxford's Bill was discussed, but without a division being taken—the debate being adjourned till next Tuesday. After the Lord Chancellor had insisted, and as we think wisely,...

On Tuesday took place a memorable meeting of the Committee

The Spectator

of Imperial Defence. It included, besides the Prime Minister, three ex-Premiers, Lord Balfour, Mr. Asquith, and Mr. Lloyd George. It was summoned to consider the question of the...

In our opinion, the present situation with regard to the

The Spectator

liquor traffic is most dangerous and unsatisfactory. We give a tremendous monopoly to the Trade, and then tax that monopoly so heavily and ring it round with so many...

We are delighted to see that the Daily Express of

The Spectator

Thursday supports our protest against the proposed raising of the Bank Rate. We feel that there is literally no single issue of greater importance to the nation than that of...

In a word, the whole course of the debate confirms

The Spectator

our view that the State. and the State alone, should carry on the manufacture and distribution of intoxi- cants. The Unionist Party would be enormously benefited by this...

Bank Rate, 4 per cent., changed from 3 per cent.

The Spectator

July 5th. 5 per cent. War Loan was on Thursday, 100 ; Thursday week, 100 ; a year ago, 100/. per cent. Conversion Loan was on Thursday, 77; Thursday -week, 78 ; a year ago, 80.

Page 12

TOPICS OF THE DAY.

The Spectator

THE DEMOCRATIC CONVENTION. W E write while it is still undecided who will secure the Democratic Party's nomination for the Presidency, but it is no exaggeration to say that, if...

Page 13

THE BANKERS' THREAT.

The Spectator

HE letters which we publish • this week, and in T particular a most important letter from Mr. F. J. Darling, the well-known banker, make it clear that public opinion is not...

Page 14

RUSSIA : THE KEY TO EMPLOYMENT.

The Spectator

[COMMUNICATED.] [The following is an article by a well-informed Correspon- dent replying to the contention that little can be hoped of from a revival of Russian trade.] I T...

Page 16

SQUALID TOWNS AND HARROGATE.

The Spectator

N OTHING could be more obvious than that so famous a watering-place as Harrogate could not be squalid. So when its Town Council invited the Spectator to send a representative to...

Page 17

WHY THE BRITISH EMPIRE WILL ENDURE.

The Spectator

BY EVELYN WRENCH. j READ an article the other day in a certain American review of Radical tendencies entitled " The Break- up of the British Empire." The writer, who was well...

Page 18

A SHORT STORY. ANN LEE'S.

The Spectator

BY ELIZABETH BOWEN. A NN LEE'S occupied a single frontage in one of the dimmer and more silent streets of south-west London. Grey-painted woodwork framed a window over which...

Page 21

13001i COLLECTORS' NOTES.

The Spectator

THE PRIVATE PRESS. (This is the fourth of a series of monthly articles intended to interest book 'collectors and having special reference to the work of the First Edition...

MUSIC.

The Spectator

EYES, EARS AND PIANISTS. " Ii suit de se boucher les oreilles dans une salle de concert pour se croire dans une maison de fous. Avec un setts de mains, vous assistez a une...

Page 22

LETTERS TO THE EDITOR.

The Spectator

AN IMPENDING NATIONAL CALAMITY. [To the Editor of the SPECTATOR.] SIR,--I write to support the public protest you are making on the dangerous proposal to raise the Bank rate....

THE THEATRE.

The Spectator

"TIGER CATS" AT THE SAVOY. IN artistic matters the French are the best engineers in the world and here again in Tiger Cats, the first of the plays chosen for Mr. Leon M. Lion's...

Page 23

[To the Editor of the SPECTATOR.] SIR,—The certain consequence of

The Spectator

the " Bank-Leaf " policy is that prices will not now fall—no, not even with a 10 per cent. Bank Rate, for industrial production will fall in proportion to the rise in the Bank...

"SCIENCE TO THE RESCUE."

The Spectator

[To the Editor of the SPECTATOR.] SIR,—I have read with great interest Mr. J. W. Scott's corn. meats on my book " Social Credit," and the theories on which it is founded. While...

[To the Editor of the SPECTATOR.]

The Spectator

SIR,—It is a pleasure to read your views on this much- discussed question, for they have the air of not being based on pre-conceived ideas. There is one rather important aspect,...

[To the Editor of the SPECTATOR.]

The Spectator

Sia,—In reference to your article entitled " An Impending National Calamity," few people realize the burdens which a rise in the Bank Rate inflict upon trade and industry...

Page 24

[To the Editor of the SPECTATOR.] Sia,—In your article on

The Spectator

Russian trade I notice the - following point : " We have got a million of unemployed workers, and it is better for them to manufacture something, even though it is possible that...

RUSSIA : THE KEY TO EMPLOYMENT.

The Spectator

[To the Editor of the SPECTATOR.] SIR,—In the article on this subject in your paper of the 21st inst., you advise the British Government, which is composed mainly of political...

SINGAPORE AND IMPERIAL DEFENCE. [To the Editor of the SPECTATOR.]

The Spectator

Sm,—" It's a far cry to Australia " is our excuse for the seemingly belated appearance of this comment on your leading article, " Singapore and Imperial Defence," in your issue...

WHAT OF AMERICA ?

The Spectator

[To the Editor of the SPECTATOR.] SIR,—In your article under this title in to-day's Spectator you speak incidentally of the " damnosa hereditas . . . when a country receives...

Page 25

POETRY.

The Spectator

OLD STYLE. ( Autobiographical and qualifications ballade requesting that books and brochures may be sent to the author for criticism and review. Addressed to all editors.) IN...

CHILDREN AT WEMBLEY.

The Spectator

[To the Editor of the SPECTATOR.] SIR,—Referring to the suggestion, made in your issue of June 14th, that poor London children should be taken to the British Empire Exhibition...

Page 26

THERE is nothing pleasanter than to see a man of

The Spectator

great mind and of high accomplishment in his art come into his own, and receive the honest homage of his fellows—not the flattery of fashion or the lip-service of convention or...

Page 27

BOOKS.

The Spectator

THIS WEEK'S BOOKS. THE Canon of Salisbury in Equality and Fraternity (Allen and Unwin) seems to have been afraid of his argument : he contrives to make other men do the work of...

THE WAY TO BEAUTY.

The Spectator

The Pleasure of Architecture. By C. and A. Williams-Ellis. (Jonathan Cape. 10s. 6d. net.) THE two authors of The Pleasure of Architecture are to be congratulated on the...

Page 28

THE ADVICE OF kEAT§. -

The Spectator

The Unknown Warrior< and Other Poems. By Herbori Edward Palmer. (Heinemann. 5s. net.) Wayfaring. By William Force Stead. (Cobden-Sanderson. IT wouldn't be any use to lecture...

Page 29

LA BELLE STUART.

The Spectator

La Belle Stuart. By Cyril Hughes Hartmann, M.A.," B.Litt. (Routledge. 12s. 6d. net.) " WHO can find a virtuous woman 't " asks the Proverbs. Mr. Hartmann takes up the challenge...

Page 30

IMAGIST REVIEWING

The Spectator

To those who knew Mr. Richard Aldington only by his theory and practice as a poet, and were not aware of his existence as a critic, this collected volume will be of great...

FICTION.

The Spectator

MR. HARTLEY'S. SHORT STORIES.. Mr. L. P.. Hartley's Night Fears. It tempts you to dwell upon 'manner as well as matter, and to relish his episode— extravagant or normal—a...

Page 32

THE MOMENT MORE.

The Spectator

DIN/Longo books into categories is a bad habit : no category has yet been devised which does not break down some time or other. How to categorize The Moment More, heaven knows....

OTHER. NOVELS.—The Play Box. By Mrs. Henry Dudeney. (Heinemann. 7s.

The Spectator

6d. net.)—Mrs. Dudeney's new collection of short stories is very characteristic both of her ability and of her particular outlook upon life. " The Play Bbx," which gives its...

Page 34

FINANCIAL NOTES.

The Spectator

At the moment of writing it is rather difficult to gauge the measure of response likely to be given to the English portion of the Hungarian Loan. The flat yield to the' investor...

FINANCE-PUBLIC & PRIVATE.

The Spectator

[BY OUR CITY EDITOR.] INVESTMENTS LOWER. [To the Editor of the SPECTATOR.] SIR,—A distinct change has taken place in the trend of prices on the Stock Exchange, and that change...