Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-03-14

man delegation, and arranged that
decision on the council dispute should
be held up pending settlement of the
domestic crisis at PARTS. At any
rate, BRAND was back in Paris on
the Sth and settlement of the dis
pute respecting the council was de-
layed, obviously with reference to the
Paris situation.
My information on this head Is
inadequate, but l take it that the
general reaction OF the French PEG.
pie to Brands overthrow was so
obviously one of disgust that the
Nationalist regretted their behavior
in that connection. Behold, on the
10th BRAND, premier once more,
ninth time premier of France. One
is constrained to infer that, before
agreeing to resume the terrible task,
BRAND received satisfactory assur-
ances from the gentlemen of the
Chamber Right. Moreover. the make
up of the new cabinet would appear
to indicate that he is counting on
Right support.
His new finance minister is the
very distinguished Raoul Peret. 1t
would seem a safe prediction that
within a few days a fiscal program
not Importantly differing from that
so CALAMITY championed by the aged
NJ. Doumer will be adopted by the
Chamber.
NJ. Peret, the new finance minis.
ter, expects to go to London when
the fiscal problem has been settled
to resume negotiations concerning
the debt of France to Britain. lie
expects to get better terms than
those offered last year to Nj. taillauX.
lie can cite the extreme generosity
shown to Italy in the ltalo-Brltlsh
debt settlement. and he VIII point
to the emphatic turn for the worst
in Frances economic condition. as
particularly evidenced by an increas'
incly unfavorable balance Of foreign
trade since last August. whereas at
the time Of CaillauX's visit and for
a long time previously the balance
had been favorable. Hardly. under
the conditions. may France be ex-
pected TO promise a yearly payment
ia Britain of l2.500.0 600. as contem-
plated bv the British proposal to
CaillauX.
One should, therefore. discount the
statement made to the Commons on
THURSDAY by Winston. Churchlll.
British chancellor of the exchequer,
as follows: The government re-
CARDS the agreement made with NJ.
CaillauX IN August last as binding
on both parties and | do not pro
pose to withdraw the offer then
made" TO the best of my knowl-
edge and belief. Mr.. Churchill thus
talking was talking through his
headsear. AS the matter is gem
orally understood Mr.. Churchill made
an offer to CaillauX. but the French
did not commit themselves Ia ac-
ceptance of il.
The peace negotiations between
the French authorities and the insur-
rectos in Syria have broken down.
X u * X
Germany.-to the second month IN
succession the German balance OF
trade for January was favorable,
amounting to 6s.O00.000 marks. as
against a favorable balance of 33,-
676 900 marks for December. 1928.
aud an unfavorabie balance of oob.-
SCI 900 marks for January, 1929.
But these figures are misleading
unles., nicely analvZed. The favor
able balance comedies with gen
eral serious slump in industry
marked by monstrous increase OF UNI
employment tabout 100000 unem-
nlovedl One therefore does not ex
pect to find an increase latterly in
the total of exports, and one does