Let the impetuous zealots who may probably demur to Mr. Punch's symbol—misunderstanding it—ponder Professor MARSHALL's words, and be not precipitate in judgment. There is Socialism and Socialism. The sort pictured by Professor MARSHALL, and Mr. Punch, is, like the Serpent of Old Myth, not the would-be friend of labour-cursed mankind, but a deceiving and glosingly deadly "incarnation of the Enemy."


THE STRAIGHT TIP.

["There is one national duty in this connection, and only one, that is worth insisting upon for a moment. That duty is to render it impossible for any enemy or combination of enemies to interrupt our supply of food or whatever else is necessary for our well-being."—The "Times" on Sir George Tryon's Scheme for National Insurance of Shipping in Time of War.]

Right, "Thunderer," and tersely put!

Hammer this into BULL's big noddle,

Until he just puts down his foot

On temporising timid twaddle,

And you will do a vast deal more

To keep our drowsy British Lion