Show STANDING WITH UNITED STATES TO BE STRAINED Failure to Ratify fay 1 e a n C Clouds Iou d ds s On French Situation nv Y ILIF GEU Ono ct ot the tho Ot of Special Radio Dispatch to The Standard Examiner Copyright 1926 By Dy Tho Consoli Consolidated dated PARIS Oct 9 9 by ap- ap ap appearances the tho French situation itu Js brighter this week For the tho first timo In two year ars th tin French French government has succeeded In an Internal after aCler easily two small maU foreign loans loan Hoi Hoi- Hoiland Hol Holland land and Switzerland rland Premier can how after two months of ot power that taxes have d In III normally and that the treasury situation Is vastly Im Improved Im- Im proved pro thanks to tho re ot Indeed within two to months tho state has built up a IL In th the bank besl besides les meet meet- lil in foreign a and has accumulated a reserve re- re serve of o about In for for- foreign for foreign eign currencies Is suC to meet all demands until spring Meanwhile the tho Dank Bank of ranco has In about In gold cold and lInd silver currency XIO r is O EH Thus te t e 1 effect ot of iho July panic have been completely tf- tf et and the treasury Is prepared to old avoid I new crisis by b tax re receipts ro- ro roI I Many persons today loday are ho hoarded bank notes I national defense bonds which proves how profound Is pop pop- popular pop popular ular confidence But M U himself that these results are tar far from conclusive and antl that the real eal Work has only begun The Tho hest obstacle 1 I catlon callon of tho Mellon I Tho cabinet Is going rather awkwardly about Ing the parliamentary re It first had to obtain unanimity of the th cabinet itself on how the should bo pr It ItI I lt on th plan of acco tho ratification bill with a kind of preamble In which reservations be In the th form torm of This ll h II n typical idea idea- because It Is la the always Im I'm employed in courts before judgment Is pro pro- Pro ron IOn i 1 or fEURE fE URE Tho ratification me tako some om such stich form as this Whereas France Franc owes the United States St Whereas tho United St States es de- de de demands mands pa payment of only the tir fol fol lowing annuities ct but that France Frane does not desire to mor morr to her two creditors than the she from Germany and Considering that G General Dawes tho necessity of If Intro Intro- Introducing intro a transfer clauso Into the reparations settlement and th-t th France Franc also has the right to demand that debt do 10 not Impair her ex- ex exchange ex change therefore be it nc TIc solved l that the enger Ber enger agreement Is he he eby rati- rati ratified rati ratified fied Atler Aner thus thu announced an- an hl Poincare will appeal his case ase to and it If tho h court Cof denies him he will eel every other remedy that I bal pro procedure So n n What splendid briefs and arguments arguments ments are ahead nut But no n proverb says that a bad com com- compromise promise 1 I better bette than the most ino complete local victory and this to be b the th limo timo to applY rule Furthermore It is far f r tom from cere certain tain that M Poincare will make a question of confidence confidence dence It Is quite null probable the cabinet itself would not unanimously unanimously favor that courageous sta nd Therefore It will be easy for forthe opposition to show that the the-so wh do not bind the tho United States especially as a already has ald se o and that even en an tin nic e of letters or between t l MM f and means menns and thet the British settlement Is than the American that M f Poincare In 1923 refused the cancellation pro pro- proposal pro made by Bonar Law The go seems to have mall chanCe chanc ot of winning this tight In a II by ad administrative reforms b bv th recent Moody In tn the occupied and by th prices which are arp proving excellent reo re arguments for the Com Communists |