24 DECEMBER 1927, page 27

Lord Hewart ' S Views.

I have made this brief reference to Mr. Snowden's remarks merely by way of emphasizing what seems to me to be the great peril of the moment, namely, the determin- ation of......

Financial Notes

ACTIVE INDUSTRIALS—A RALLY IN RAILS. ALTHOUGH, as mentioned in another column, British Funds are closing the year in cheerful fashion, public interest continues to centre in the......

Why Government Stocks Are Not Higher.

In this connexion, I observe that some of the daily journals during the past week have been rather inclined to force the pace with regard to British Funds, and to suggest that,......

Finance—public And Private

British Credit and National Expenditure BY no means for the first time in Stock Exchange experi- ence, the year seems to be closing with general cheerful- ness in securities.......

The Rise In Expenditure.

_ Still more important, however, is the fact that the National Expenditure, which some four years ago had shown a tendency to decline, has since steadily advanced, so that,......

The Surtax.

Confronted with a demand from the Socialists to declare his views on the policy of a Surtax, Mr. Snowden has, I observe, approved the principle of the tax, but, at the same......