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We know perfectly well that a dissertation about the results

of excessive taxation is not one that moves the working man, perti- nent and urgent though it is. He feels that it is remote and indi- rect. He does not appreciate the point. He thinks that taxation concerns only " the rich." Let us turn, therefore, to a matter which offers a considerably better hope of convincing the worker. On Wednesday Lord Weir made a remarkable speech to the

British Engineer? Association in London, in which he pointed out that all the discussion about credits was the wrong starting- point, because as a matter of fact there was still a certain foreign market available though we were not getting the trade there, and still a certain home market available though we were not getting that trade there either.

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