Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-08

Chamber. Here is a grand opportu
nifty for the psychologists. Reports
from excellent sources persist that
Iolncare will attempt to get the debt
agreements ratified before Parliament
goes on vacation. If he so acts, it will
be an astonishing vote face. And
should he procure ratification he
would prove himself wizard. indeed.
| The reports are plausible enough
There are indications that Poincare
| finds the prospects, as the days roll
on, not too reassuring for realization
of his original program of absolute
| Self-help, no foreign assistance for
| France.
| To be sure National Defense Bonds
are being renewed to a gratifying en-
| tent and a gratifying number are
| Fastening to pay their 1926 income
taxes. But it is doubtful if such re-
| liefs avail to tide over the delicate
situation until the yield from the new
| taxation is in full flourish. The
| Thursday weekly report of the Bank
| of France showed an uncomfortably
slender margin and a discomforting
trend.
! 1t is suggested that Poincare,
| though none too well satisfied with
| the Berenger agreement, has decided
| mediate ratification would be the hap
piest solution, and proposes to take
| advantage of the present psychologist
| cal phase and put his mastery to the
supreme test by asking Parliament
| to ratify at once. Thereafter, foreign
credits and the situation are secure.
| The above, of course, is merely specu-
| lative. but the possibility is one that
| demands notice.
| The franc which stood at 2.39 cents
on New York Exchange, July 80, ad-
| vanced thereafter by leaps and bounds
| to 2.89A on August 4. On August 5
| it slightly receded to 2.S4A, but on
| the sixth it jumped again to 2.95A
A FrancO-German commercial
| treaty has been signed tit requires
ratification by the Reichstag, but not
| by the French Parliament) which is
more comprehensive than previous
commercial agreements between the
| two governments. The preamble
states that it heralds a treaty of still
more comprehensive scope. Many
wise ones see France and Germany
moving rapidly toward genuine eco
nomic entente: and some are even
| bold to predict a political entente
within the not very distant future.
| Nothing is impossible in this fantastic
| tergiversatOry world.
X * x
POland.-The weeks dispatches do
| not throw much light on the obscure
| Polish problem, but they seem to bear
out last weeks dispatches, the burden
| of which was that PilsudSki had not
been "eliminated," after all. If those
DISPATCHES tell truth. it would seem
that Pilsudski. having indicated his
i, program. fell silent and refrained from
| interference. hoping that Parliament
would have the sense to enact his
program without any fuss and that
his self obScuration would create the
Illusion of parliamentary independence
and of constitutionalism. But Parlia-
ment misconstrued his attitude and
has been behaving obstreperOusly;
wherefore some knowing ones are pre-
dieting that ere long the marshal will
resume his big stick and read the
riot act to the refractory gentlemen.
Abyssinia.-Ras Taffari, regent of
Abyssinia, addresses a note of protest
to the secretariat Of the League of
Nations "Our government" says he,
recently received from the British
and Italian governments an Identical
note informing us that these govern
ments had arrived at an agreement to
support each other with the view of
obtaining concessions for the British
government to undertake conservation
of the waters of our Lake Tsana and
for the Italian government to con-
struet a railway through our empire"
The prince goes on to observe that
Fit is-his understa nding that the mem
berS of the league recognize each
other as sovereign states. and, what's
more, are obligated under the cove
nant each to support every others
sovereignty and independence. He
discovers in the Italo-British agree