Foreign News: Sharp Exchange

Right Honorable Members of the House of Commons listened last week like eager theatregoers to a sharp exchange of statements concerning the international debt situation, which might easily be reproduced as a three-speech playlet.

THE CAST

Interlocutor—The Right Honorable Philip Snowden, P.C.,* M.P., Chancellor of the Exchequer in the Macdonald Laborite Government (1924). Respondent—The Right Honorable Winston Leonard Spencer Churchill, P.C.,* C.H.,† Chancellor of the Exchequer in the present Baldwin Conservative Government. Harlequin—John Joseph Jones, M.P. from West Ham, famed as "Jumping Jack Jones" (TIME, April 7, 1924). THE PLAYLET

Mr. Snowden:...