The King THROUGHOUT the King's illness the public has - I - accepted the bulletins at their face value, and has been right in doing so. In the case of the latest operation,...

OPECTATOR.]

a reply to the Soviet Note. They declared bluntly that the Manchurian authorities were justified in expelling the Russian officials of the Chinese Eastern Railway on the ground...

division is very encouraging. He is playing a brave part and has never weakened in the face of much enmity and intrigue. His opponents are only representing the popular doctrine...

but he has reinforced that argument with a very powerful argument of expediency in regard to the special debt of £80,000,000 which becomes due to America on August 1st. If the...

1f'.C.1.—A Subscription to the SPECTATOR. costs Thirty Shillings per annum, including postage, to any part of the world. The SPECTATOR is registered as a Newspaper. The Postage...

M. Poincare - had a great success in the first round of his fOrMidable Parliamentary fight against those who want to attach reservations to France's Debt Agreements with Great...

is going shortly to Moscow will act as a plenipotentiary in discussing the whole subject. They also demand the release of Chinese who are imprisoned in Russia, and the...

get. A correspondent of the Manchester Guardian in Monday's paper gave some ludicrous examples of the appeals for Protection—apple-growers demanding that bananas should be taxed...

Thomas said that he proposed to make the Unemployment Grants Committee, generally known as the St. Davids Committee, a statutory body. He was also setting up . a new Committee...

Unemployment Insurance On Thursday, July 11th, in the House of Commons, Miss Bondfield, Minister of Labour, moved a money resolution increasing the State contribution to the...

House. of Commons, there were some interesting exchanges on foreign affairs. Colonel Wedgwood was indignant with the Government for refusing asylum to Trotsky. Why should a...

had given industry assistance to the extent of £600,000,000 ; the Labour Government offered £25,000,000 of guarantees. Evidently the Trea- sury view had prevailed that State...

opinion there is disturbed by the which has been stirred up by the new American tariff. Last week thirty-eight protests had been received from foreign countries and since then...

12th, Mr. J. H. Thomas unfolded his scheme for Colonial Development as a means of reducing unemployment. Once again a money resolution preceded the second reading of the...

81st year, took his part in history as well as in the writing it. " Delbrfick's Wednesday Evenings," during the War, were on the side of moderation, and, in spite of the fact...

an intensely interesting debate on housing. Mr. Greenwood announced that the Government would ignore the deci- sion of the Unionist Government to end the Wheatley Subsidy, but...

learn, from the Air Ministry's Report, that the recent accident to the cross-Channel air liner, City of Ottawa,' was " unavoidable." The record of Imperial Airways would allow...

of Master Cotton Spinners have decided to reduce wages by 121 per cent. from July 29th. The President has xplained that the employers do not want to cut wages for the sake of...

has been demolished we are to have on its site a hotel, which, we are told, will be the finest in Europe. It is a question whether even the finest hotel in the world will...

on February 7th, 1929. War Loan (5 per cent.) was on Wednesday 100 p1 ; on Wednesday week 101}; a year ago, 101*. Funding Loan (4 per cent.) was on Wednesday 861 ; on Wednesday...

NYONE steeped in the traditional meaning of diplo- LX matic language would say that the Soviet's message to the Chinese Government means war, unless the Manchurian authorities...

been revolv- ing the problem of Ministerial salaries. The time is indeed ripe, not merely for consideration but for action. In the House of Commons on Monday questions were...

A YEAR ago we wrote : " We can cozen ourselves no longer with our silver sea : a modern bomber can cross it in ten minutes. . . . To be strong in the air is common sense...

judges, held on Friday, . June 5th, the Lord Chancellor, Lord Sankey, mentioned, among other matters, the subject of the cost - of litigation.. From . the earliest times the...

A LL is not quiet on the Conservative front bench. ,Having decided, for reasons known only to them- selves, publicly to expose and to argue the one funda- mental point of...

[It has sometimes been alleged that the SPECTATOR is unfair to Fascism. We are publishing the following article so that our readers may hear a point of view which is not that of...

T HE twenty-fifth anniversary of the death of Chekhov (he died on July 15th, 1904) has passed almost unnoticed in Moscow, where the habit of celebrating every imaginable...

on our window-sills and it is necessary to inspect these and condemn the ripest to capital punishment before break- fast. That done we seek the honey-pot on the balcony and sit...

actual moment of arriving back at full con- sciousness after uninterrupted sleep is so important, it seems to me, that I wonder the psycho-analysts, ad- vanced educationists and...

two. . . . How detestable is this deliberate mountaineering ! I. said last time, quite emphatically enough, that I should never climb another mountain—never ; and I say so...

the steam of a vile soup that everyone appears to be drinking. Everyone is comprehended by a party of three earnest and dogged-jawed German students, a bedraggled married couple...

[EXHIBITION OF DRAWINGS—LEAGUE OF NATIONS PERSONALITIES.] To make the League of Nations a living reality to the man in the street is the main task of writers and speakers...

A LETTER PROM VIENNA A. [To the Editor of the SPECTATOR.] SIR,—Some time ago the outside world seemed to have lost interest in Vienna, except for child-starvation and riots....

easeful atmosphere of it albergo at twilight, while three strolling musicians make the orchestra for an impromptu peasant dance within. Three comical little men, they came up...

If the people of England are yet too generally ill-educated and grossly ignorant and prejudiced, it is to be recollected that our civilization is recent, that our towns are of...

We must not neglect to commemorate a very pretty work, which would have entertained and instructed us mightily had we not happened to know it all before—we mean the Stories of...

THE SPECTATOR, JULY 18TH, 1829. REFORM OF PARLIAMENT. For years it has been confessed on all sides, that the actual constitution of the House of Commons is by no means faithful...

[To the Editor of the SPECTATOR.] SIR, —The connexion between Siam and ancient Rome certainly seems remote. Yet a Roman lamp of undoubted antiquity has been discovered in a...

Contrary to some expectations, so far 1929 has been a record year in many respects for American business. The Department of Commerce returns show exports for the six months to...

Electrically operated equipment for the convenience and comfort of passengers in American trains has multiplied tn such a degree as to make the generation of sufficient...

Although enormous sums have been expended by public benefactors in providing hospitals and medical services in the United States to supplement provisions made by public...

The appearance last week of some of the new small-sized currency bills suggests an interesting comparison wnich has been made by the National Industrial Conference Board between...

The example of Miss Lilian Bayliss' famous " Old Vie i f in London is to be followed in Philadelphia, where a repre- sentative group of citizens has undertaken to organize a...

(By Cable) LIBERALISM. A healthy growth of tolerance as well as public alertness for infringements of civil liberties is indicated by the report for 1928-29 of the American...

In the United States there is a sort of legalism, which exists in some European countries but not in Great Britain. It shows itself in the worship of texts and in the...

On the other hand, except for a few negligible militarists, the general attitude is no longer hostile to specific acts of co- operation with the " public services " under the...

The American View RETURNED recently from the United States after a residence there, chiefly in the Middle West, of about three months. So limited an experience cannot justify...

That prejudice against beggar nations affects America's policy towards the League. There is a very great benevolence in America, exercised internationally after the war, as...

FARMERS AND CHEESE. One of our official experts on the farms of Britain has been making a sort of census of the fortunes of our dairy farmers, and he finds that the most...

So far English sugar-beet is one of the few plants that is almost wholly free from serious disease. As with cotton in Australia, its enemies have not yet been introduced. The...

A good many industries that resemble village industries are growing in favour. One is fur-farming. For example, a fur farm is in existence at King's Langley in Hertfordshire,...

A novelty at the Royal Show at Harrogate—happily attended by Argentine buyers and many Australians—was an exhibit by the joint sugar factories. Mr. Noel Buxton, the new Minister...

It is the heyday of the rose ; and seldom were roses in better bloom or more healthy. Which are the best ? Of some varieties we must all acknowledge the claims : Ophelia,...

love become of some importance in the,economy,of the villa .. I have several times quoted examples - from the output of - the blacksmith, wheelwright, carpenter, and saddler....

An accidental and most useful discovery—especially grateful to all green-keepers—has been made by a grounds- , man at Bournemouth. He left the hose on by mistake with the nozzle...

and degree in which the producer depends on the consumer's habits. This effort on the part of the industry coincides with a change in the feeding habits of the people. We are...

FREE TRADE WITHIN THE EMPIRE [To - the Editor of the SPECTATOR.] SIR,—Many are the avenues through which the Safeguarding Diehards are labouring to bring Protection on the...

[To the Editor of the SPECTATOR.] SIR,—Mr. Norman Angell's admirable article in your issue of July 6th suggests a line of thought which may prove an interest- ing topic for...

[To the Editor of the SPECTATOR.] SIR,—Mr. Carter, in his letter in your issue of the 13th inst., is probably correct when he says that " we are able to produce all that is...

SIR,—A man is no more on oath in a post-prandial speech than in a lapidary inscription. Perhaps, therefore, a passage in the Lord Chancellor's speech at the Mansion House...

the Spectator of June 1st there is a remarkable letter by a correspondent signed " A Seeker." He makes an effort to reply to a letter by Mr. Pennington, who wrote in your issue...

serious attention has been given in this country to the question of electoral reform is evidenced by the fact that a well-informed journal like the Spectator should, in its...

SPECTATOR.] SIR,---The Spectator of April 13th published a review of Arthur Young's Travels in France, 1787-89. This eminent agri- culturist, to whose credit are some fifty...

SIR,—On my return home after an absence I find packets of the Spectator awaiting me. Among them is included the issue of May 18th last, in which there appears (p. 788) a review...

constant cutting back of too luxuriant growths is absolutely essential. Could we not, through your columns, be put in touch with associations or schools or;'bettet still, with...

that poets are the unacknowledged legislatorit of the world. Your Contemporary Sir Henry New- bolt has pointed out that in poetry all great movements begin, that in it is found...

SPECTATOR.] Sin, I shall be grateful to any of your readers who will supply me with the source of the following lines, and, incidentally, correct by the book any mistakes...

Sta,—The British Press and public are very ignorant of the facts, and need to have it clearly explained that the root facts of the very dangerous situation are :- 1. That the...

I intend taking a holiday—a walking tour—in either the Cotswold Hills or South Devon over a period of about ten days. Perhaps some of your readers have had experience of such a...

[To the Editor of the SPECTATOR.] SIR,—The Duchess- of Hamilton states that Professor IOein's film was a " reproduction," ,not a " faked production," of a Jewish slaughtering....

Your correspondent " Z," who writes on the series of Spectator articles under the above heading in the Spectator of June 29th, deserves the gratitude of your readers, for is not...

the case at the close of his distinguished career in the following words :—" The longer one lives, observes and thinks, the more does one feel 'that there is no community on the...

[To the Bailor of, the gricrATbR.] , SIR, — In the much too flattering article about *self which appears in your issue of July 6th, there are several statements which I should...

" Live and let live." The Spectator, I see, is seeking to live a larger life by inviting its subscribers to obtain other sub- scribers. Why, then, should not periodicals seek to...

In our issue of May 25th we printed under this heading a note addressed by Colonel E. J. Harrison, of Dulverton, our subscription department, which was not intended for...

To a Blackbird Caught in a Net YE'RE done for noo, in a herrin' net ye're nickit, The fear o' death's yer e'e, and yer heart's i' yer moo ; Ye canna stamach the rasps ye fain...

THE YOUNGER GENERATION AND MARRIAGE. Mr. Godfrey Winn, who writes in your columns about marriage as a representative of the younger generation, bases his view of the Victorian...

FINANCIAL SUPPLEMENT BANKING AND INSURANCE No. 5,273.] WEEK ENDING SATURDAY„WIX 20, 1929 . [GRATIS

It is true. that in the first place, the recommendations of the Expert - Con:Mate& are a Matter for the considera;- tion of and decision 'by the respective Governments con-...

will-agree with me when I put forward my view- that': at the present time we are suffering from a good deal of mental lethargy. There would, I think, be few who would be...

In a recent issue of the Spectator I explained fully, and I hope- clearly, the two main reasons put forward by the Paris CoMmittee for the establishment of a Bank for...

Doubtless there is at leaSt one fairly simple explanation of this mental lethargy: - During the War the money market was scarcely a free agent, its dealings in Lombard Street...

And if I were asked to cite an example of this mental lethargy where great issues are at stake, - I should have no hesitation in instancing the inadequate attention given by...

Consequently, we find that important 'matters affecting the commerce and finances of the 'country - come chiefly before dpecial Expert . Committees, With full knowledge of all...

Such being the case, however, I suggest that there is all the greater need for a more active and intelligent interest being taken in the project by the banking community. It is...

Quite recently I had the privilege of listening to Sir Josiah Stamp on the occasion of a dinner given in his honour by the Society of Incorporated Accountants. The moment, of...

So much for what may be called the national aspect of the proposal. There remains the probable effect on the individual in his capacity of - depositor or borrower. It is well...

Bankers and business men have no difficulty in approv, ing the functions of the new bank in the matter of Repara- tion Payments, but they want clearer evidence of the advantages...

Assuming that nationalization of our banks were carried through, there would probably be a development in, two main directions. First, what would be the policy of the Government...

Under a nationalized system control would probably be centred in an executive sitting in London, and the local representative would have for his guidance a book of elaborate...

NATIONALIZATION has occupied of recent years a prominent place in- the Labour Party's programme, and now that we have a Labour Government in power there is naturally some...

do not extend sufficient support to industry frequently urge as a reason that too much money is employed in London in financial transactions. Where money is advanced for purely...

The methods adopted in the London Bankers' Clearing House differ little in principle from those of the clerks in the tavern. Every morning the Head Office receives by post froM...

there is none which can surpass in importance the London Bankers' Clearing House. This institution does not often attract public attention, but it is an essential part of our...

The original - members of the Clearing House were, of course, all private bankers, as joint stock banking com- panies were then unknown. In 1834 the London and Westminster Bank...

It is not possible to keep any record of the number of cheques that pass through the Clearing House daily, but occasionally a rough census is taken. Last year, on January 3rd, a...

A NEW variety of life policy has recently been introduced add to the perplexity of_ the public in choosing the most suitable kind of assurance for its requirements. Hitherto the...

THE challenge of the aged has long been recognized as a problem to which the economic world has lamen- tably failed to provide a satisfactory solution. The State has done what...

A typical schedule of a liberal pension and life assurance scheme is the following, in which members are divided into nine classes according to earnings, with assurance, pension...

The new pension ideas"now being developed into many individual pension schemes in Great Britain are being received with a maximum of support and co-operatiop on the part of- the...

Group - life a.surance is sold, as is generally known, without any medical examination being required. The assurance company assumes that ability to hold a place in the...

While most of these schemes are devised as pension and life assurance rather than savings schemes, they do in fact have valuable thrift features. Members can never lose their...

It may be of interest to give the details of a group life assurance scheme which covers 12,000 factory workers in Scotland. Under this scheme the workers are assured for £100...

99 Fetter Lane, E.C. 4, and Published by THE SPECTATOR, LTD., at their Offices, No. 99 Gower Street, London. W.C. 1.-Saturday. 1 ulv 20. 1929.

in- dustrious poet. He wrote four tragedies of a profound dull- ness ; and not satisfied with this, turned his undoubted lack of poetic talent to the composition of a moral poem...

Nichols (Williams and Norgate, 42s.), at the page where it is stated that the best garden at Portofino is that of the Villa Carnarvon. Near by, at Paraggi, exists one of the...

COMMANDER ELLSBERG tells the story, covering some nine months, of the salving of the Submarine ' S. 51,' of the U.S. Navy, in On the Bottom (Constable. 10s.). She was run down...

Extracts, and pub- lishers often provide us with a magnificent conspectus of some form of literature. Great Essays of all Nations, edited by Mr. F. H. Pritchard (Harrap, 8s....

by Sir Arthur Wilson, is a reprint of the celebrated diaries of Lady Malcolm, giving the conversations of Napoleon with Sir Pulteney Malcolm, in 1816 and 1817, on the island of...

is the most interesting feature in The Sea Microcosm. This little book has been published by the Microcosm Office, City Chambers, Leeds (10s.), and the proceeds from its sale...

day is worthily commemorated in the memoir of Stephen Hales, D.D., F.R.S., by Dr. A. E. Clark-Kennedy, of the London Hospital and Fellow of Hales's old college, Corpus Christi,...

WILL BE READY FOR DELIVERY ON JULY 27TH, 1929. Readers resident outside the British Isles, and Libraries Overseas, are asked to inform the SPECTATOR Office in advance as to the...

The Diary of the Rev. William Jones. Edited by 0. F. Christie. (Brentano, 21s.) Ix the year 1777, William Jones, the writer of this intimate diary, so full of sidelights upon...

To Far Western Alaska for Big Game. By T. R. Hubback. (Rowland Ward. I5s.) Lion. By Martin Johnson. (Putnam. 21s.) MR. MITCHELL " has endeavoured to raise a corner of one of...

The Revival of Culture. By Lars Ringbom. With a Preface by Count Hermann Keyserling. (Cape. 25s. each.) I GIVE Dr. Ringbom's book pride of place in this review beciuse, although...

the name and work of John Keats have become appreciated outside the English-speaking world. Such is the treachery which translation plays upon the mind, that we find in France...

Ludwig II. of Bavaria : The Man of Illusion. By Guy de Pourtales. Translated from the French by Charles Bayly, Junr. (Thornton Butterworth. 10s. 6d.) LUDWIG II. of Bavaria was...

Feeding the Family. By Leonora Lyles. (Cayme Press. 4s. 6d.) " To evolve a perfect meal is most exciting. It is a supreme work of art, and while there may be many opinions on...

Possessors and Possessed The Ten Foot Square Hut and Tales of the Heike. Translated A NEW recruit has joined the school of dissecting- room novelists who show us souls as...

Burnett is concerned with the " bohunks, " hijackers," " wops," " yaps," and other representatives of the Chicago underworld. Fortunately, for readers whose knowledge of...

OUR weekly prize of one guinea for the best thirteen Questions submitted is awarded this week to Mr. A. M. Hyartison, Government of Palestine, Immigration and Travel Section,...

7s. 6d.)—This is a disappointing successor to Young Entry. Conventionality of plot impedes the develop- ment of the characters. We are introduced to an Irish house party on the...

Miramar [We shall be glad to answer queries arising out of the Travel articles published in our columns. Enquiries should be addressed to the Travel Manager, The SPECTATOR, 99...

The Queen Travel Book (The Field Press, 3s. 6d.). This " reference annual of Tourist Travel," in its twenty- second year, is as good as ever. In a handy form for reference, the...

in various pait's of the country, Mr. Davidge tells in the Regional Planning RePore for South Bucks and Thames- side (from Hon. Sec., Denmark House, Windsor Road, Slough, 10s....

multiple retail shops, to realize that work as a junior in these institutions is not the best training for the more re- sponsible posts, which have accordingly to be filled from...

journey by car from London to Delhi in an attempt to reach Australia with a maximum of 800 miles of sea travel. He says that the monsoon rains made it impossible for him to...

the War are Combed Out, by Mr. F. A. Voigt (Cape, 3s. 6d.), and The Further Side of No Man's Land, by Mr. V. W. W. S. Purcell (Dent, 7s. 6d.). The former is a reprint in the...

(Continued from page 99.) Nigeria is now an important and flourishing colony, four times as large as Great Britain, with a population of over eighteen millions. Yet our official...

Many people who collect Toby jugs and the like will be interested in Mr. Herbert Read's pioneer treatise on Stafford- shire Pottery Figures (Duckworth, 42s.). Mr. Read has...

Mr. T. F. Powys, in his Interpretation of Genesis (Chatto and Windus, 15s.), subjects his material to a drastic simplification. This is a common way with interpreters, and one...

handsome volume running to nine hundred pages, of Mr. Cyril E. Robinson's England : A History of British Progress from the Earliest Ages to the Present Day (Methuen, 21s.). The...

On more than one occasion I have referred in these columns to the fact that a mere amalgamation of companies does not necessarily in itself represent a rationalizing of industry...

Group Pension Plans and Group Life Assurance in British InduStry This is a continuation of an article from our Financial Supplement (page 96). TRADE FEDERATIONS AND PENSIONS....

SUBDUED MARKETS. LAST week's improvement in the money outlook had but a short life, the 'flit:ler tendency of the American Exchange "due due merely to tine execution of a large...

The stock of the Royal Mail Steam Packet Company has shown exceptional weakness on the circular issued by Lord St. Davids, a trustee of the First and Second Debenture stock-...