The French President held a Cabinet Council on Wednesday to
hear an account of the abortive Conference from M. Poincare. The Cabinet approved of the Premier's attitude which, whether we like it or not, is the attitude of most Frenchmen. We wish that France, for her own sake and for the sake of the Allies, would give Germany time to pay ; but we have yet to convince the French people that our policy would be more profitable as well as more reasonable. The proposal to summon the Cham- bers has been set aside for the moment. The Reparation Com- mission, under the Peace Treaty, has now to determine whether Germany shall have an interval of some months, during which reparation payments would be suspended. It is said in Paris that the French and Belgian delegates will oppose a mora- torium and that the British and Italian delegates will support it, so that there will be another deadlock. But some new compromise may and, indeed, must be devised. The Allies all want peace, security, and a substantial payment from Germany, and only differ about the method of obtaining these things. We discuss the whole question elsewhere.
