22 JUNE 1929, Page 2

Reparations We are extremely glad to say that the first

step has been taken in Paris towards the acceptance of the Report of the Experts Committee on Reparations.- The Council of Ministers has approved the proposals unanimously. It is true that it does not take us very. far. The Report will have to run the gauntlet in the Committees which also deal with the long-delayed ratification of the American Debt Settlement before it reaches the Chamber and the Senate. -But M. Poincare is with M: Briand on the side of wisdom.