NEWS OF THE WEEK
IT is not yet certain whether the French will regard favourably the latest offer of the British Government to accept sixty-two annuities of 112,500,000 in discharge of the French debt,- but- the offer is generous beyond any precedent in history. The annuities would be fixed and would be France's sole responsibility ; they would be un- affected by German reparations. Personally we are glad that such an offer has been made, though it will be called a fresh example of weakness. The very prospect of getting rid of this cause of incessant bickering and mis- trust is a relief. The bitter atmosphere will be worth paying something for. We have written in our first leading article about the extent and character of the debt, and here we must say something of the incidents in London and their outcome.
