31 DECEMBER 1921, Page 1

Both Englishmen and Americans desire nothing better than to be

the friends of France and to help her in every emergency. But the French should not forget that idealists are easily estranged. We can write like this without danger of seeming to plead our own cause because the more other nations fall away from us the more will Britain and America be welded together. As we regard Anglo-American friendship as the foundation of all political building, we could not feel that the Washington Conference had in any sense failed, even if it had no results but those already seen. But the loss to Franco may be great and irreparable if she does not think while there is yet time, and recognize the true way of safety for herself.