this difference, that the ships are now built, even as they are manned, not by nobles and the wealthy _bourgeoisie_, but by men who come from modest sea-faring or peasant families. In the Austrian mercantile marine German capital formed 47·82 per cent., Italian capital 19·37 per cent. and Slav capital 31·80 per cent. One of these Dalmatian Slavs, Mihanović, going out in poverty to the Argentine, has followed with such success the shipbuilding of his ancestors that he is now among the chief millionaires of Buenos Aires. With regard to fishing, there are along the Istrian and Dalmatian coast more than 5000 small vessels which give employment to 19,000 fishermen, of whom only 1000 are citizens of Italy. But Mr. Belloc says that these Slav people have only tentatively approached the sea, that its traffic was never native to them, and that they are not mariners. It is marvellous that you can be paid for writing that sort of stuff.... By Mr. Belloc's side is the Marchese Donghi, who in the _Fortnightly Review_ of June 1922 says: "It is superfluous to add that everything which has to do with navigation [in Dalmatia] is entirely in the hands of the Italians." But I think it is superfluous to contradict a gentleman who ingenuously believes that Dalmatia is largely Italian because on our maps we have hitherto used Italian place-names. Will he say that the population of Praha is not Czech because on our maps that capital is commonly called Prague? It pleases the Marchese to be facetious about what he describes as "that queer thing called the Srba Hrvata i Slovenca Kralji (Kingdom of the Serbs, Croats and Slovenes)"; he should have said "Kraljevina Srba, Hrvata i Slovenaca." He says that in Serbia "no industry is possible," whereas in one single town, Lescovac, there are no less than eleven textile besides other factories. He says that one-third of the population of Dalmatia is Italian, and "almost exclusively the nobility and the upper _bourgeoisie_." I suppose that is why more than 700 of Dalmatia's leading citizens were deported by the Italians after the Great War. He says many other nonsensical things, and sums it all up by telling us of the "bewildered incomprehension" of the Adriatic problem! WHO SET A STANDARD THAT WAS TOO HIGH