New-York tribune., 1903-01-04

No French Harm Oue'- Morocco
Ombreak-.Steel Trust Plans.

Special 20 The New-Tork Tribune by French Csbie)
Copyright: 1905: The Tribune Association)
Paris Jan. ;.-The precautionary military
measures on the Algerian Moroccan frontier
are now completed, SO that fsnaticaI
coutsgion IN the French North African
sominions is regarded possible ViceAd-
sniral POTTER. who has hoisted his flag at Tou-
Jon on the battleship Saint Louis, is ready in
case of emergency TO sail at with the bat
fleships 81. Louis. Charlemagne and Gaulois
and the cruisers Chanzy and Linois, manned in
full by 2752 hluejackets. a full supply of coal
and provisions being board the quadron-
Admiral POTTER is one Of the most cool headed
diplorrlatic officers in the French navy, and
has been successfully employed in such
critical cases as the European intervention in
Crete and it was he who commended the French
naval force during the Boxer trouble in China
The understanding between the powers is so
s,o-nplete that not the slightest fear Of pos
sible complications is felt assurances have
been interchanged that the port Of Tangier Will
remain in the hands of Morocco, and no ter
,,soriaI annexation is contemplated by any of
the powers.
French diplomatists Of Egyptian experience
attribute the present critical situation OF the
sultan to his readiness in adopting European
ideas and following too implicitly the sugges-
tions of his Scotch adviser. Caid Maclean.
,,srallsI is drawn between this uprising Of Bou
Jssrnr;,ara against the Sultan Abdul Aziz with
she Egyptian revolt of Arabi against the hhe-
dive kewfick in 1SS2- According 10 Information
received al Paris the fighting force Of the Sui
tan Is considerably greater than hitherto sup
posed The feeling here is that the outcome
viii be a loss Of British and European internal
4nruence in Morocco. but that the foreign status
VIII remain intact
rbe French papers give prominence 10 the
zreat rrofit-sharing scheme OF the American
steel Trust. and also 20 j. Pterpont Morgans
New Year generosity TO his employees The trend
,s r,nior here is that tie profit-sharing plan is
= step toward collectiyism understood by the
French Socialist leaders. like Milerand and
-Taa, IsrrAs In more scepticsl financial circles,
however the opinion is expressed that the
scherne is an "adroi. Machiayeilian method" Of
unloading the surplus supply of shares and
making them popular The political economists
Eugene Rcsrand and Paul Leroy Besulieu re-
fra;n from, criticism and comment until further
details ere Forthcoming. but are inclined 10 think
that the United States would derive immense
beueft by adopting the French plan OF issuing
national and osher stable securities in bonds OF
.bs-es of snail denominations, say, twenty dol
lars each. as is the custom with state and munic-
.yel ,aans in this country. and which gives the
,n.sses q charce 10 invest their small savings
s,s tecorne CAPITALISTS and conservative sup
porters Of government institutions, instead OF
anarchists and snnhilators- II is the popularity
of French bonds OF small denominations that In
81. o,s,ton of the most intelligent men here.
,,lains the domination of French sober common
sense and in spite of nationalist bouleyardian
1,,tt.,rs.s ma kes France. when II comes 10
.-+ual test one OF the most conservative nations
sn the world.
Paris is pretty we'll deserted b. tourists and
enueirn visitors. gho have nearly all taken wing