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Show 1 LOUBETIS TO RESIGN Will" Avoid Election by i New Members of Cham- bcr of Deputies. . NEW TORK. Feb. 14. President Loubet I will resign office before the expiration of lUs seven-year term, which ends on Feb-i Feb-i ruary 18. 1906, according to a Herald dis-' dis-' ""!'" patch from Paris. His reason for this step is that the triennial' tri-ennial' renewal of the Senate and the general gen-eral election for members of the Chamber i of Deputies will take place next year, and Parliament will not meet until the close of 1905. ... Consequently, to avoid the election of a President by new members. It Is stated he will resign In time for his successor to be elected by the present chamber's vote In natldnal assembly In the palace pal-ace of Versailles, according to the constitution. |