New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-18
POWER PASSES FROM ONE
PRESIDENT TO ANOTHER.
Especial ty French Cable TO The New-York Tribune
oCopyriEht. 1905. BY The Tribune Associationl

or executive power from President Loubet to
President Fallieres on Sunday will be carried out
with simplicity which is the best evidence of
the sohoity of the republican system of France
rive minutes conversation between the two
Presidents at the Elysee Palace a cordial
shaking OF hands and the departure of Presi-
dent Loubet escorted by a squadron of cuiras-
siers TO his private residence at No. Rue
Dante. and the administration of France will
continue on exactly the same lines as in the
past seven years. Yesterday your correspond
emit enjoyed the privilege Of visiting President
Loubets new home, which is a sumptuous mod
ern apartment IN q new house built in the heart
OF the old students quarter. NJ IIoubets study
"here ne intends TO pass most OF his time read
ing MS favorite books now and then smoking
his little briarwood pipe loaded with strong
TOBACCO Is In the pure Empire style. Behind
his simple round-backed easy chair IS an
American revolving bookcase; on the writing
desk a bronze bust of King Edward and a
bronze medallion portrait of the Car. both
presents from the respective sovereigns. The
carpet is of hand-woven silk the gift of the
Shah OF Persia On the wall between the spa
cious bookcases is rare piece OF Spanish tapes
Try framed like a picture, being a reproduction
or Goyas famous work. shepherd playing on
the Anoalusian bagpipes. present from King
---@O--N~' vi IIdIllel Is a CLOCK given Dy
the city OF Paris fanked by a pair of cIoisonne
lamps. the gift Of the Mikado The bedroom is
or Puritanic simplicity. with twin brass bed
steads, while on the wall is a small watercolor
drawing done by the late waldeck-Rousseau
at Venice Mime. Loubet aided by her son Paul.
has arranged the apartment in exquisite taste
ARBITRATION At ALGECIRAS.
The Paris Stock Exchange still watches ner-
sIxy
vague ominous rumors prevailing in the last
few days are likely to disappear as suddenly as
they arose. In diplomatic circles absolute con-
fdence prevails that the police problem will be
ultimately arranged 10 the satisfaction of France
and Germany. AL reports about arbitration are
absolutely premature. for neither Mr.. White nor
Visconti Venosta could even suggest such initi-
ative until NJ. Revolt and Herr Radowitz have
framed the issue from their respective stand
points, and this eventualty. II is believed here.
is not likely to happen.
OUTLOOK FOR INSURANCE.
The temper of the Chamber of Deputies dur
ing the Interpolation of Premier Rouvier indi-
Gates discouraging outlook for the American
insurance companies doing business in France.
Public opinion here is exceedingly sensitive on
the matter because the French papers have re-
produced in detail the reports of the insurance
Investigations in the United States In the last
twelve months numerous French companies
have sprung up. making lively competition with
the American companies The trend of feeling is
that NJ Rouvier must see that the law of March.
1909 as to insurance supervision. requiring that
the reserve funds of companies be deposited in
the Caisse des Depots ct Consignations and a
certain portion OF capital be invested in French
rraS auth
must be carried out IN regard 10 American COM
panies or the Cabinet must quit office The
American Ambassador. in forcibly presenting the
case. has. in the opinion Of impartial Deputies,
done all that he could have done in the matter
by requesting that retroactive effect be not
given 10 the law. and the French feeling is I'M
questionably that to press the matter more ur-
gently would amount TO untustihable inter
ference with the internal affairs of France. NJ
Trouilout, Minister OF Commerce, is now hard
at work with the Conseil d'Etat in completing
the regulations OF the insurance law, which
will be rigidly enforced.
CABINET NEARLY OTERTHROWN.
The parliamentary aftermath Of the debate In
the Chamber OF Deputies on the delay In the
application Of the law regulating insurance COM
panies clearly indicates that had Joseph Thierry.
president of the group Of progressist Republi-
cans pushed his victory TO logical conclusions
he could easily have overthrown the Cabinet or
have compelled it TO have thrown overheard
the Minister OF Commerce. NJ. Trouillot, the feel
ing now being so strong against the influences
alleged to have been brought to bear IN France
in favor Of American insurance companies doing
business in this country The opposition how
ever, decided not TO provoke a ministerial crisis
during the Algeciras conference. and assurances
are given that the law Will be put in force be-
fore January. 1907. II is regarded as exceedingly
probable that the retroactive effect, against
which the American Embassy here made such
energetic protest to the French Minister Of
Foreign Affairs, Will be given 10 the law NJ.
Thierry's statement that his establishment was
great to find that "a foreign nation that was at
home obliged to stigmatize and place under
tutelage one Of its industries should so warmly
and so profitably recommend the very same in
dustry TO the consideration, TO the beneficence
and TO the solicitude of the French government"
was loudly and almost unanimously appauded
in the Chamber of Deputies The name of Presi-
dent Roosevelt was enthusiastically applauded
in the Chamber when alluded TO by Premier
Rouvier, and NJ Thierry subsequently stated mo
one supposed that the United States government
would continue 10 object 10 the application Of
the French law after the message Of President
Roosevelt, who in that remarkable document
pointed out the abuses committed by the in
surance companies and proclaimed the necessity
OF effective control" NJ. Thierry remarked that
the United States would surely not wish to
force upon France what IL condemned at home
THEATRICAL SUCCESSES.
Two theatrical successes are recorded this
week, sardou's play. LA Piste." at the The
atre des Varieties, cleverly acted by Rejane.
Brasseur and Cooper and the regular company