It is regrettable that Reuter did not send more of the protest of the Bank of England against Government borrowings, instead of merely tacking it on to one of those very dryasdust, uncommunicative messages about the Supreme Council's deliberations. When people like the Governors of the Bank of England begin to protest, there is something seriously amiss. Thousands of politicians together cannot speak with so much weight; indeed their party inclinations make them thoroughly untrustworthy. For example, two days ago Mr. Austen Chamberlain was vaunting the suc-
Text read from the printed page and cleaned; old type leaves the occasional error.