Russia Mr. Ramsay MacDonald, who undoubtedly appreciates the importance of
" gestures," has, nevertheless, acted shrewdly in communicating with the Governments of the Dominions before taking steps to redeem his promise of normal relations with Russia. There is, of course, no question of recognition—that was accomplished in 1924— but Great Britain will shortly be in diplomatic relations with Russia as with every other country, irrespective of its form or modes of government, which seems sheer elementary common sense. The approach will be made through the Norwegian Legation in Moscow. The U.S.S.R., on the other hand, will have the good offices of Germany as their mediator in London. We may expect that trade facilities will be accorded to firms that arc anxious to do trade with Russia. Whether the City will supply further credits will depend largely on a reasonable settlement of debts and claims, - * *
