The Real Villains.

The purport of these remarks of Mr. Pharazyn was to show that war is inherent in our system and that our real enemies are not the big bad Germans or Italians, but the governements which are pledged to protect capitalism. Mr. Baldwin is a perfectly honest man ("Soare they all honest men"), but he represents a policy that may plunge England in war.

Those who wish to end war must organise study economics, psychology and sociology-they must beerady. They must choose one side or the other.

There must inevitably be a smash but out of that smash will come something better.

In the discussion which followed, it was suggested that Hitler might be working largely on British capital, and that he probably made a fair commission out of floating British loans for Russia. Mr. Brook then put a stop to things with his famouslights out signal.