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In opening this afternoon session, I feel rather like the London business man who, shortly before Christmas, had had a serious argument with the ‘ghost’ writer he employed to prepare his speeches. He was to deliver a speech at a City function of some importance, and, having duly received his notes—which, as usual, he had no time to read—went off to the dinner. When called upon to deliver his speech he rose and began ‘Mr Chairman, ladies and gentlemen. The world today is full of problems. There are grave international problems, social problems, industrial and trade union problems, and many similar and equally‐serious difficulties. With your permission, I should like to deal with some of these problems in detail tonight.’ Here, having reached the end of his first page, he turned it over, only to find scrawled across the next, otherwise blank sheet, the words ‘Now talk yourself out of that one!’