Of course the new treaty has aroused a fresh outburst of bitter Anglophobia in Russia. "It is naturally said that the treaty is directed against Russia, and Russia alone. But the more enlightened organs of the Russian Pross—the organs which favour the introduction of a really representative constitution for their Empire, headed by the " Russ"—actually view the treaty with favour. They point out that if it prevents the renewal of an aggressive policy in the Far East it will be of great advantage to Russia itself as well as to she rest of the world. And that it will prevent a renewal of the war just ended is admitted by both parties. Even the most arrogant und _bellicose journals admit thst neither Russia nor any other Power will dare to face such a combination as the British and Japanese navies and the Japanese army in the Far East, In Germany also, where the anti-British feeling has been very strong of late, the treaty is naturally regarded with disfavour, the view that it is directed against Russia alan being by no means accepted there. For our part we are not disposed to dispute this point with the Germans, We recog-nisse that the main object of the treaty the preservation of the policy of the Open Door in China, and that Germany, which was the first of the Powers to seize Chinese territory, has offered the most serious menace to that policy. In France there seems not the slightest fear that the treaty will disturb the cordial ions which have recently been ar-at between us
Text read from the printed page and cleaned; old type leaves the occasional error.