The Paris correspondent of the Times in Wednesday's issue vouches
for the substantial accuracy of a statement in the Temps, that negotiations are about to be concluded between the French and German banks interested in the Baghdad railway. As their result Germany will be freed from foreign interference as regards the Baghdad railway, while France will be emancipated from German competition elsewhere in Asia Minor. It is added that the British Government is on the eve of signing an agreement, by which Great Britain " dieinterests" : herself in the railway as far as Baghdad, that the Franco-German arrangements are subject to a complete understanding between Paris, London, and St. Petersburg, and that signatures will not be exchanged until a complete reciprocal arrangement has been effected by these three Powers with Turkey.
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