New-York tribune., 1906-06-17
WORLD AFFAIRS VIEWED BY OBSERVERS ARRoAnI
SOCIALIST PROGRAMME
V4GUE md GENERAL
Lspec:al by Frenah cseie 10 80 r,r,h,.no
70 1''1 -IIUuueJ
Gcopyrieht, IsOe. by The Tribune Assoc,a,,o,

Copyright Is0e. by The Tribune Association
Paris. June 16.-The Socialist propas sanda and
programme for the Society of the Future. elo-
ouently set forth by Jean Jaures, leader of the
United Socialist party. during his Interpolation
or NJ SaTTien. of the Clemenceau Ministry was
listened 10 eagerly in the Chamber Of Deputies
but was too vague and general in its bearings to
carry with it conviction When NJ Jaures began
his speech. NJ Clemenceau jotted down notes as
II preparing to reply. but as the long address
rolled on with excess of verbiage NJ Clemen-
ceau pulled vigorously at his mustache and
with satisfied smile. tore up the scraps of
paper upon which he had been pencillins and
abandoned any attempt 10 take notes. NJ.
Jaures's forecast of a Paris with iJs present
shops. cafes and restaurants replaced by com
munal collectivist exchanges" holds forth no at
fractions whatever TO the average Partisan.
Even the extreme Radical organs are dspleased
with NJ Jauress Interpolation Gerault Richard
declares in the 'Aurore" that it is ridiculous to
plan a future society. because it is impos
sible 10 know what the evolution of humanity
viii produce. For fifteen years the Socialists and
Radicals have cola borated to develop Democ-
racy- This work is far from completed, and it
is more profitable TO continue their joint labors
than to seek after the vague. The Radical
says NJ. Jaures does not indicate the sauce for
the capitalists 10 be devoured by Socialists Dis
cussing the appropriation scheme. 1t says: If
you regulate. equalize and sociaIze production
in the factories and workshops, you merely Gre
ate and maintain inequality among consumers.
There VIII still be capitalists. holding the
suggested consumption vouchers and men in
demnifed after appropriation, and the system
viii not work by reason of appetites and needs
A similar view is expressed in the "Republique
FTancaise," which says; IF indemnity were
given after appropriation new class of CAPT
talists would Immediately be found, and sec
ond appropriation would be necessary. This
second appropriation would furnish excellent
programme for Socialistic politicians of the new
society. for It is not TO be supposed that even
a collectivist society could do without Social
istic politicians having something 10 demand,
and. especially. something to promise" In the
lobby Of the Chamber a close friend of NJ
Clemenceau sounded the keynote of the situa-
ton, saying: The Socialism Of NJ. Jaures is
powerless TO clear itself Of verbiage and TO
draft law. II is only variegated flag. a ral-
lying cry for all the discontented, the idle. the
revolted and the ambitious army TO which
must be added a strong force Of dilettanti and
amateurs"
REGULATION OF INSURANCE FUNDS.
Henceforth all life insurance companies must
invest their funds either in state securities or
securities guaranteed by the state In case of
deposits; in case of foreign companies, to de-
posits made in France or Algeria Loans to
public bodies and mortgages on real estate are
permitted under certain conditions. while COM
panies will be allowed to invest One-fourth Of
their funds in foreign securities the express
condition that such securities officially
quoted on the Paris Bourse. Facilities are given
in the matter of existing contracts. but they
cannot be renewed. and even then the foreign
laws of the country Of origin Of the company
concerned. It viii thus be seen that the effect
of the "RAglement administration Publique
is 10 compel all companies to invest the greater
part of their funds in French securities. Repre-
sentatives in Paris of American insurance COM
panies are by no means satisfied with these re-
Quirements, while on the other hand. the French
insurance companies regard the law as ex-
cellent. and express confidence that it will ena-
bic them 10 secure in few years the lions
share of the business now done in France by
American and other foreign companies.
WORK OF SPANISH PAINTER
The art feature Of the week is the exhibition
at the Georges Petit Gallery Of 500 pictures by
the Spanish painter SoroTa Bastida, which
for originality for brancy and for expression
Of atmosphere elicit from Paris critics the high
est praise, Senor Sorolla taking rank in their
estimation among the half dozen Of the fore
most living painters. His saiboats, his oxen
towing boats at low tide his boys swimming.
his young children riding on mules and his por-
traits are we'll worth seeing. The show remains
open until July 10
HIGH PRICE FOR SNUFFBOX.
At the auction sale of the art collection Of
NJ Kotschoubey. at the Hotel Drouot on Thurs
day, small gold mounted snuff box Of the
Louis XVI period. bearing five miniature land
scapes with figures by Van Blarenbergh. fetched
$4,000 This is believed 10 be the highest price
ever paid for an unjeweed snuff box.
c J. B