The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-04-05

mat double pirouette which permitted certain
very familiar ana very we'll informed friends
To- eAec.'te most audacous stroke on the
., , o. Is not yet sufficiently efaced from
StuPeheu memories TO make Ii prudent 10 plan
ahother manoeuvre Of the same kind
We are however. Obliged to ask q new
'questioh with regard to the Credit Foncer
f.sypuen of which VIC have not yet spoken
often enough
ON December eth last we expressed our.
serves thus NJ. Callaux. who has been Min.
iSIer or FINANCE for twenty days. receives at
his official Office in the Louvre stock brokers.
representatives OF great financial corporations
directs the handling OF French Government
funds and knows in advance the purchases that
will be made by the savings banks which have
such great influence on the market for tho
Rentes, and on the entire Stock Exchange; vet,
nevertheless, he has retained his highly Maid
employment N foreign bank whose headGuar.
tcrs Is at Cairo He is still president Of the
Credit Foncier Egyptien. We may make tho
same observation concerning the Credit Foncier
Argcntin.'
on the following day NJ. Caillaux. by way
OF the newspapers which draw their informa-
tlon from him and through paragraph from
me oHlcia! HaNas Agency declared that he
had given his resignation as the administrator
OF the two societies mentioned by us.
We recorded with pleasure this tardv de-
cision which we demanded and which narlin.
lnentary morality required, and then wc noted
several weeks later the nomination OF a new
president. NJ. Sebastian de Neufville ~ the
head Of the Credit Foncier Argentin But what
was our surprise to learn that nothing had
neen changed in the Credit Foncier Egyptien
which furnished by far the latest revenue to
NJ. CaillauX-namely zoe, 900 francs wear Did
NJ. CaillauX make little error when he in
formed us by the Havas Agency that he had
gwen ms resignation on December IS? His
name Is still on the first page OF the report
OF the corporation. which drawn up on
January 20 last
liut mere is something still moro astonish.
ing The general meeting of stockholders was
held at Cairo on February IL and President
Call!auN was excused from attending on the
ground that he was occupied by his Lusinrss
1T Paris. The directors made no aIlusion be
lore the meeting 10 a resignation by our Min.
lister OF Finance No administrator was named
IN his place Our putocrat demagogue re.
mains then president OF the Credit Foncier
position to De mentioned, and that is one which
he did not announce. NJ Callnux was reelected
president lot i've more wears, his authority
having ended in the year 1919
the truth
IN. Calaux will continue rs participant,
very much interested ana very well paid bv the
Crcdlt foncieT Egyptlen to protect on the Paris
STOCK market the lottery sales of tho corpora
the sale"
Shortly before this. on March s, calmette
ni"ut d particularly victous attack OH Caillaux
Sld'lnS liat he mad reversed his own position
on on me question of taxing the interest from
= aunCh hthteS or government funds. The
Io'eThu'e ht appears 10 have discovered rather
ia'e mat 1t VIII be very unpopular TO tax tbia
KIND of income. and the deXteroug NJ CaiIIauy
"an 10 make a somersault Here is tho article.
1HE PUBLIC PAllNODIES OF NJ
CAILLAUN
I'm the Senate NJ ..ibot and NJ. Touron. ana
IN iHc ChaMner NJ. BRAND, NJ Barthou and NJ
NOV nave pointed ont the fantastic contradc.
IONS IN the policy OF VI. CaillauX VARYING ar.
cofoihR to tn" hour and tho wcathcr according