Lord Robert Cecil, speaking at Knebeworth, said he wished to say something on the high prices, which had been an evil to all sections of the community. The main cause, of course, was the waste resulting from the war. Some thought high pri were due to profiteering. He was quite satisfied that, however great the evil of profiteering, it was responsible for only a comparatively small part of the rise. There had been an epidemic of extravagance all over the world. There was the Srossest extravagance, not confined to one class, but extending over many classes in all countries, Extravagance meant that human effort was being diverted from ré- productive and remunerative exertion. There had been not only pri-vote extravagance but great public extravagance. He was not disposed to criticize the Governments of the world very severely, but they had to get things, and generally that meant spending more than if they had greater freedom of action; but he was bound to say that he did not think extravagance had been sufficiently checked since the war. One form of extravagance Ww: shown in the present glut of imported meat, which could not be consumed and was in danger of being utterly wasted. That was due to some miscalculation, and it was doubly bad at the time when the Government was preaching economy. Then, again, it was said that Poland was spending on military measures at the rate of eight times its annual revenue. That was prodigious waste of money. Tha remedy for this was to get the nations back to a peace footing and the provision of some security against the disturbance of the peace of the world. This, it was bg peed would be accomplished by the League of Nation:
How householders will shudder to hear that there is an efflux of potential landlords from Haiphong to that Colony. It seems that the French Government has introduced legislation to. restrict rents and prevent profiteering, and consequence Chinese property owners in Haiphong are selling and propose to come to Hongkong and speculate. reason for restricting his freedom. If he was a dangerous alien, tha Aliens Act had to be applied to him. This is what has now taken place. The Queen has issued a proclamation by which specific residence is appointed for th Kaiser. He has already voluntarily submitted to a certain amount of control, notably, in regard to his correspondence. It may be expected that, whenever the need arises, further restrictions will be imposed.
Text read from the printed page and cleaned; old type leaves the occasional error.