31 JULY 1926, Page 1

The reception in France of this Government has not been

enthusiastic, but there is obviously an increased sense of hope and confidence. Whether that will last when it is found that such a body, even if it finds and keeps harmony within itself, cannot work miracles or dispense with the foreign loans or credits which hurt the nation's pride no one can surely prophesy. But if the Government is given time and the chance of stabilizing first itself and then the franc, hopes need not be disappointed ; but this will make a demand upon the Chamber for more wisdom than it has shown of late. Rumours of dictatorships and the like seem to be subsiding, and theories of parliamentary government may be preserved if the Cabinet is allowed to wield dictatorial powers under commission, as it were, from Parliament.