On Friday, January 11th, M. Poincare once more faced the
Chamber on a vote of confidence, and once more triumphed. The Socialist-Radical interpellation was defeated, and in 'the substantive vote of confidence M. Poineare had a majority of 74. Evidently his enemies were " willing to wound, and yet afraid to strike." They dared not take the responsibility of transferring the remaining problems Of finance, including the Repara- tions question, from M. Poincares brain to that of Lomebody else. Doubtless there will be fresh oppor- tunities for attacking M. Poincare, for his tolerant treatment of the Church and on other counts, but for the time being the attack is called off. Meanwhile we notice that the American experts for the Reparations inquiry are to be Mr. Owen D. Young and Mr. N. Dean Jay. Mr. Young is the well-known chairman of the General Motors Corporation, who helped to draw up the Dawes scheme. Mr. Jay is a partner in the famous firm of Messrs. Morgan & Co. We have some 'hope that these able men, in conjunction with the' British experts, Lead Revelstoke and Sir Josiah Stamp, may be able in a considerable degree to separate financial from political piestions.
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