“The Cabinet is dispersed at the moment. Many of the members are abroad and are unable to return at present, owing to a disorganisation of transport. But pending their return and the decisions which we shall then be forced to take, I thought it right to call together you gentlemen, large employers of labour, and to enlist your aid in the work we shall have to do. It is essential that the Government should retain public confidence at the present time. I think we are agreed upon that point. Nothing could be more fatal than a General Election forced upon us under the reigning conditions. “We have taken steps to call Parliament together immediately, in order to lay before it certain measures which we believe will enable us to tide over this crisis. But in the meantime we must try to pacify the working classes, who are being agitated by the dismal forecasts of the newspapers. I have no desire to inquire into the origin of the jeremiads which are being printed daily in a certain group of papers; but I cannot help noticing that they all tend towards a discrediting of myself and my colleagues. There is a cry for action; whereas I think all of you will agree that consideration is required, so that the action, if it should become necessary, may be well-contrived. “It is in these circumstances that we have called you gentlemen together. We propose to lay before you the main points of our scheme; and when you have heard them, we count upon you, as great employers of labour, to lay the matter before your employés. We shall use the newspapers also to disseminate our proposals; but personal efforts can do more than any printed appeals. I trust that we shall not look in vain for the cordial co-operation which is absolutely requisite at this crisis.” As this speech proceeded, I had become more and more uneasy. Through it all ran the governing thought that something must be done, which was true enough; but the thing which he proposed to do, it appeared to me, was to persuade the country that all was well, whereas I felt that the essential matter was to prepare against a practical calamity. “We have given a great deal of thought to our proposals, though we have not wasted time in the consideration of details. The broad outlines are all that are required for our present purpose; and we have confined our attention to them. My friend the Home Secretary”--he indicated the colleague who sat on his left--“will be good enough to read to you the heads of our decisions. I may say, however, that these decisions are only of a temporary nature. We may find it necessary to modify some of them in due course; and they must not be regarded as in any way final. Possibly”--he let the mechanical smile play over the company--“possibly some of those present may be able to suggest certain modifications at this meeting. If these modifications are such that we can adopt them, we shall be only too glad to do so.”