The report received to-day of th over-subscription in London of the Belgian currency stabilization loan almost takes. the breath away. No] application for less than £10,000] was even considered, and even that figure the applicant only got one per cent. This proves that a larly rate there is plenty of liquid money in England, in' spite of rushing taxation and the daily pay. ment of £100,000 to America. The converse is that this money ought to be going into industry and trade, ard the coal strike is alone to blame for its not doing so. Yet of the state of industry one hears strange-conflicting reports. Travellers recently from Home say that certain factories show almost. un precedent activity and that general speaking the coal strike appears to fave done less injury than might have been expected. On the other friand trade returns and unemploy-then figures ase depressing, redding. 'The -best symptom' is the growing ripatiened Uf the lither unions. wih fhe: iminers; wvieneed" both. by" to: day's telegrams and by our Londox:
Text read from the printed page and cleaned; old type leaves the occasional error.