17 NOVEMBER 1923, Page 2

The Times has called attention to reports that M. Berenger,

Reporter of the Budget in the French Senate, has stated that France is ready to lend some £20,000,000 to the Little Entente. Already this year the French Chamber has voted about 800,000,000 francs for Poland, Rumania and Jugo-Slavia. The loans already granted are said to have taken the form not of cash payments but of credit facilities for the purchase of war material. The amount of the latest proposed loan to the Little Entente would enable France to pay 3 per cent, on her debt to Great Britain. As it is, we get nothing, and have no prospect of getting anything, though the Times says that the debt of the Little Entente to France will probably be given priority over the older debts of the Little Entente to Great Britain. In this connexion we hope that our leaders will consider carefully the article which we publish this week from a correspondent on "The Great Continental Policy of France."