In confirmation of our view that the German Government realise
that the time has gone by for attacking France, refer- ence may be made to a telegram from the Times correspondent in Paris published on Friday. It is there stated that there is reason to believe that there is a growing coolness betcteen Prince Billow and the . German Emperor, who realises that the Chancellor has played his cards very badly, and that instead of separating France and Britain, he has thrown them together. This, and the greatly improved military position on the French side of the frontier, have induced the Kaiser to abandon the idea of reducing France to impotence. The Times correspondent adds, however, a caution that it is also possible that this view may be based on .a misaPprehension, and that after all the Kaiser and his Government may only be playing into each other's hands.
