The fall of the German Government last week was not
a surprise. A serious attempt to settle the repara- tion problem meant a very close contact between the German Government and the business world. ' This was resented by the Socialists, and ultimately they made it impossible for Dr. Wirth to carry on. The new Chan- cellor, Dr. Cuno, was the successor of the late Herr Bailin as head of the Hamburg-Amerika line. For some days Dr. Cuno, at the instance of the President, tried to form a Government by angling in all the party waters and catching fish of all kinds. Unfortunately, the fish could not agree as to how many of each sort ought to be in the basket. Then in despair Dr. Cuno formed a Government without particular reference to any of the parties. There arc no Socialists in it. But as the members are all politicians nominated by Dr. Cuno, all the parties are dissatisfied. The Minister of Foreign Affairs is Dr. Sthamer, who has hitherto been the Ambassador in London.