27 OCTOBER 1917, Page 3

The Prime Minister on Monday spoke at a large meeting

hold at the Albert Hall to open a new campaign in favour of the National War Bonds. We must, he said, praotise thrift more strenuously than ever, and prepare for a long war as the best way of bringing the conflict to an end. " I have," he said, " scanned the horizon - anxiously, and I cannot see any terms in sight which would lead to an enduring peace." We might make an armed truce, but that would be worse than useless. " We must settle this once and for all." The great purpose of the war was the destruction of a false ideal—the war spirit fostered in Prussia. There would be no peace and no liberty until that shrine was shattered and its priesthood dispersed and discredited for ever.