Rumour has, of course, been busy with the names of
those who are to be promoted, or who will now enter the Cabinet for the first time. We will take first the rumours which are almost certainly authentic. Mr. Lloyd-George will succeed Mr. Asquith as Chancellor of the Exchequer. On this point there seems no doubt. Mr. Lloyd-George thus becomes the second in command in the Cabinet,---the Minister who
would lead the House should Mr. Asquith be temporarily indisposed, and who would be the person to be first sent foi in case the office of Prime Minister were vacated by any sudden accident. In other words, Mr. Lloyd-George leaps to a front place in our political life, a remarkable circumstance, and rendered even more striking by the fact that his promotion seems to please the capitalists and business men with whom he has of late been brought into contact almost as much as it pleases the extreme Radical section of his party. The Times and the Daily News are for once in agreement.
