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The whole incident only serves to show that M. Herriot,

if he is to reach a European settlement, must fight the Poincareists to the death. As this fight must come sooner or later in any case, we do not see that Mr. MacDonald's action has done any harm. On the other hand, it may be said that it would have been better to wait till the Conference itself assembles before raising this crucial point of who is to decide whether Germany has defaulted or not. Any appearance of committing France in advance to important decisions must be avoided. But we need not take the Paris Press too seriously. Until the vote of the Senate has taken place on Thursday, we shall not know the true strength or weakness of M. Herriot's position.

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