"L' Information", the _suthoritative financial paper in Paris, discussing the new ordinances for successive abrogations of the moratorium, states that the financial mobilization of France has proved an-til now to be inefficient because its mechanism was without able conduct, was rusty and the administration lacked initiative in coping with unforeseen difficulties. When the latter suddenly arose, it appeared in all its misery. " L'Infor-motion" objects to the theory that matters will improve after French soil is evacuated enemies, for this means that nothing will be done before. From the order to restore the lost economical activity the conclusion had to be drawn that the present crisis had been provoke ed by a general absence of confidence.
Text read from the printed page and cleaned; old type leaves the occasional error.