I suppose that nobody will now dispute that Lord Leverhulme is easily the foremost industrialist, not merely in the British Isles, but in the world. I can think of no one who approaches him in the creative faculty. Not even America, the country of big men and big businesses, has produced a man of this truly colossal stature. Mr. Rockefeller is a name for a committee. Mr. Carnegie was pushed to fortune by his more resolute henchmen. But Lord Leverhulme, as is very well known in America, has been the sole architect of his tremendous fortunes, and in all his numerous undertakings exercises the power of an unquestioned autocrat. Mr. Lloyd George once remarked to me that the trouble with Lord Leverhulme is that he cannot work with other men. But this is only true in part. Lord Leverhulme can work very well with men who are not fools. When I told him of Mr. Lloyd George's remark, "Well, I don't know," he replied, "I have been working with other men all my life!" Yes, but this, too, expresses only part of the truth. He has been working with these other men as an accepted master. It is not so in politics. There a man of power cannot pick and choose his colleagues. He must work with fools as well as men of ability. And never can he work as a master. Always at the Cabinet table he will find a cabal of deadheads opposed to the exercise of his authority, and in the department over which he is set to rule a bunch of traditional Barnacles, without one spark of imagination between them, who will fight his new ideas at every turn. The essence of politics and government is mediocrity. The good sense of the House of Commons is a conspiracy to resist genius and to enthrone the average man. A department of the State is well governed only when its chief Civil Servant, by the grace of God, chances to be a man of statesmanlike capacity. Like Lord Rhondda, Lord Leverhulme was approached by the Government during the numerous crises of the war to render service to the State. His experience in this respect confirmed his judgment that our system of government is a chaos which would hardly be tolerated in a business establishment of the second class. I will give an incident. It was a matter of grave urgency to the Government that margarine should be manufactured in this country. A Cabinet Minister begged Lord Leverhulme, on the score of patriotism, to set up such a factory. Lord Leverhulme expressed his willingness to take up the project, but said that he must go to the public for a certain sum of money to carry it out. The Cabinet Minister made no demur to this very natural proposal, but suggested that it might be well if Lord Leverhulme would call at the Treasury and inform them of his purpose.