"With considerable regret I have come to the conclusion that I must resign as President of the National Committee of 100. There are two reasons for this: one is that I have become very completely occupied in a kind of work somewhat different from that upon which the Committee is engaged, though directed to similar ends; the other is that, as most of my time is spent in Wales, I cannot take part in the action of the Committee or in detail its work or the reasons for this or that policy."