66____________________________________________ other day both sides in this conflict informed the British Government that they would be willing to entertain an exchange of prisoners—not only of non-combatants but actually of military and political prisoners, refugees and others, one condition being that we were to appoint a British arbitrator to prepare and carry out the arrangements. Is that not a wonderful instance of the confidence that is felt in British impartiality ? It may mean some little expense, but we have expressed our readiness to undertake the responsibility, and if we can successfully carry through such an exchange as that, everybody will rejoice to think of the relief which will be afforded to hundreds of families who must to-day be suffering acute anxiety about the fate of their relatives. " I should not like to leave you to suppose that in this striking instance the influence of the British people in world affairs is merely seVitimental or depends upon the reliance upon our good intentions. The value of good intentions depends a great deal upon ability to carry them out, and I must record my conviction that the lessened tension, the increased feeling of security, which undoubtedly exists in Europe to-day, is largely founded upon the fact of British rearmament. " I am glad to say that the task which the Government have undertaken of rebuilding our armed forces is one which has met with general approval throughout the country, and, indeed, I think the only anxiety which is felt about it is whether • it is going fast enough and far enough. I don't think that there is any cause for serious anxiety upon that score. It is not to be expected that this vast programme of rearmament, by far the largest that this country has ever undertaken in time of peace, can be carried through without some delays and disappointments. We had let things go so far that exten- sive preparation was necessary before we could even begin production upon the scale which we were contemplating, but the initial difficulties have now been overcome. Our three Service Ministers and their staffs are untiring in their efforts, and the services of the Minister for the Co-ordination of ^ rogramme, in preventing overlapping and seeing that every need is examined and met in proper priority,-have been simply invaluable.