hem a certain unity of tone and temper, in spite
of the diversity of their authorship and subject-matter. Whether the
subject is foreign politics, or imperial problems, or government, or
industry, the same temper shows itself--a belief in freedom rather than
in regimentation; an earnest desire to substitute law for force; a
belief in persuasion rather than in compulsion as the best mode of
solving difficult problems; an eagerness to establish organised methods
of discussion and co-operation as the best solvent of strife, in
international relations and in industrial affairs quite as much as in
the realm of national politics, to which these methods have long since
been applied.

That is the spirit of modern Liberalism, which gives unity to the
diversity of this little volume. As has often been said, Liberalism is
an attitude of mind rather than a body of definitely formulated
doctrine. It does not claim to know of any formula which will guide us
out of all our troubles, or of any panacea that will cure every social
ill. It recognises that we are surrounded in every field of social and
political life by infinitely difficult problems for which there is no
easy solution. It puts its trust in the honest inquiry and thought of
free men who take their civic responsibilities seriously.

CONTENTS

PAGE
Preface v

The League of Nations and the
Rehabilitation of Europe _Rt. Hon. Lord Robert Cecil_ 1

The Balance of Power _Professor A.F. Pollard_ 19

International Disarmament _Sir Frederick Maurice_ 37

Reparations and Inter-Allied Debt _John Maynard Keynes_ 51

The Outlook for National Finance _Sir Josiah Stamp_ 59

Free Trade _Rt. Hon. J.M. Robertson_ 74

India _Sir Hamilton Grant_ 92

Egypt _J.A. Spender_ 111

The Machinery of Government _Ramsay Muir_ 120

The State and Industry _W.T. Layton_ 145

The Regulation of Wages _Professor L.T. Hobhouse_ 165

Unemployment _H.D. Henderson_ 176

The Problem of the Mines _Arnold D. McNair_ 194

The Land Question _A.S. Comyns Carr_ 212

Agricultural Questions _Rt. Hon.