The Detroit times., 1909-03-19
GERMANY LOs|N c
HER HATRED or
FRANCE
MORE TOLERANT NOW AND MAY
BE DRAWN INTO A REAL EN-
TENTE ORDlALE-CLOSER FIN.
ANcIAL RELATIONS ASSURED.

DhR<i3>s MdTCH IVA idCAOI III INC
International situation which gives
German the liveliest satisfaction at
the present moment is the unmistak-
able dawn OF better relations between
the fatherland and France.
Indications multiply from day to
day that the two great military pow
ers who for 3S years have been glar'
ing at each other across the Rhine
like angry bulldogs are gradually
veering around To a really tolerant
point OF view. which gives promise OF
developing into a genuine rapproache-
ment.
The agreement over the Morocco
question. signed In the early days OF
February. marked the Inauguration OF
the new era. IL not only decislvely
buried that bone OF contention which
had kept France and Germany further
apart than ever during the last four
years. but precipitated n wholly un-
usual crop OF personal pleasantries be-
tween the rulers and the statesmen
OF the two countries. The kaiser and
President Fallieres exchanged greet
ings OF such warmth that stranger
from Mars would have thought that
they were modern editions of Damon
and Pythias
The emperor had Jules Cambon. the
French ambassador, at luncheon in
the Berlin castle. and Prince Won Rad
olin, the German ambassador In Par
is, day or two later hobnobbed like
an old friend at the home OF Presi-
dent Fallieres. Then a shower OF Ger
man and French decorations descend
ed upon the various cabinet ministers
and diplomats who were conspicuous
ly Identified with the conclusion of the
Morocco agreement NJ. Cambon re-
ceived the Prussian Order of the Red
Eagle. while Baron Won Schon. Prince
Won RadOlin. and other attaches OF the
German foreign Office and embassy in
Paris were bedecked with the cross
and ribbon OF the Legion of Honor
Then came the strange spectacle OF
France and Germany working hand In
hand and along absolutely parallel
lines for the preservation OF peace in
the Balkans. The endeayors OF the
republic in this direction were con-
Quoted with Germany almost To the
exclusion of her Russian ally or her
English entente" partner. The Paris
Temps. the chief organ OF the French
cabinet. which only few months ago
teemed with anti-German articles, has
found only words OF praise in support
for both the German and the Austrian
attitude I'm the Balkan crisis.
Possibly the most important mani
festation OF the new order OF things,
however, Is the entente cordiale which
Is about TO be sealed between the
great financial interests CT France and
Germany The National bank OF Ger
many. one of the fatherland's sound
est institutions, has arranged TO fur.
nish half OF the $4,000, 000 increase In
the capital of the Credit MoDilier
Francois. the Paris banking house
with important connections among the
famous capitalist class OF residents In
the French provinces This is the
first time on record that German cap
ital on such scale has interested It.
self in a French undertaking. The
Idea Is to pave the way for the intro
ductioh by the German government OF
high-grade industrial securities TO the
French market, which. on the ground
OF patriotism" has hitherto refused
10 have anything TO do with stocks
and bonds originated on the eastern
bank OF the Rhine. II is also intend
ed to interest German investors to
large degree in French finance and
commerce.
One OF the immediate results OF the
mark and franc" alliance will be
probably the listing. respectively. on
the Paris and Berlin Stock exchanges
OF German and French securities,
which ancient prejudice has hitherto
made altogether impossible. The
conservative French investing public
is understood to have radically alter
ed It's opinion in regard to German