10 JULY 1993, page 15

Make War, Not Peace

Niall Ferguson says it is madness to cut the military in order to pay for yet more social services `PEACE DIVIDEND' is a phrase which used to trip lightly off politicians'......

One Hundred Years Ago

THE ROYAL WEDDING went off admirably, to the disgust of the prophets of evil who went about repeat- ing that the Princess was unlucky, and that the ceremonial would be......