"WE SHALL NOT SHEATH OUR SWORD"

Dominion, Volume 8, Issue 2305, 12 November 1914, Page 5

"WE SHALL NOT SHEATH OUR SWORD"

SPEECHES AT .THE GUILDHALL PRIME MINISTER ON THE OUTLOOK ' ( London, November 10. . At the Lord Mayor's b'anguefi, Mr. Balfour, proposing "The Allies," said: that in the last few hours Japan had made a most dramatio answer to Germany's unparalleled insolence. He paid a warm tribute to the other Allies for their great achievements and Belgium's wonderful courage. M. Paul Cambon, Ambassador for France, replying, said the Allies did not claim to have Providence at their disposal, but believed in the prinoiphj of eternal justice, and awaited its decree in calm confidence. Navy Waiting to Strike a Direct Blow. Mr. Winston Churchill, First Lord of the 'Admiralty, responding to the toast "The Imperial Forces," said that the Navy was naturally anxious to strike, a direct blow, but it must be patieut, and its' turn would come. The naval conditions were curious. We wore securing all the 6eas and were transporting forces; thus offering a target incomparably greater than that of the enemy. The economio pressure of the naval blockade would ultimately spell Germany's doom. Despite losses, the British Navy was stronger than at the outset of the war, particularly in the most important branches. "A Long-drawn Struggla." The Prime Minister, Mr. Asquith, responding to the toast "The Ministry,'* announced a peerage for Mr. Walter Cunliffe, Governor of the Bank of England, in recognition of his services during the financial crisis. Mr. Asquith said: "This is going to be a long-drawn struggle._ We shall not sheath our sword until Belgium recovers all that she has sacrificed, until France has been adequately secured against the menace of aggression, until the rights of smaller nationalities have been placed on an unassailable foundation, and until Prussia's military domination has been destroyed." Mr. Asquith referred to Turkey's action in allowing her true interest to be undermined and overborne by German threats, German ships, and German gold. The Porte had rung the death-knell of the Ottoman Empire, both in Europe and Asia. Sir George Eeid and the Hon. Thomas Mackenzie (High "Commissioners for Australia and New Zealand respectively) were- among those present. [Mr. Cunliffe, a Deputy-Lieutenant of the City of London, was born' ik 1854, and. educated at Harrow and Trinity College, Cambridge (M.A.). He has been a Director of the Bank of England since 1895, was appointed DeputyGovernor of the Bank in 1911, and Governor in 1913. He is also a director of ■ the North-Eastern Railway Company, and a member of the firm of Cunliffe' Bros. Mr. Cunliffe has been twice married, his present wife being a daughter of Colonel E. T. Boothby, of St. Andrew's, Fife.]