The "Temps" observes in its financial article that, however large may be the Bank of France's stock of bills and gold reserve, it must nor be assumed that these will protect the frane against another relapse should the national credit at home and abroad be again seriously shaken. For the monetary reform to be a complete success it must be accompanied and followed by the utmost prudence in political and financial matters, especially after the panic that occurred not so very long ago, opinion in France and aprond would very soon take fright if any fresh blunders* are hhensiveness has gone too far, that: the constitutional agreement between Church and State must modified so that Parliament shall have no voice in doctrinal matters or in the regulation of the worship of the Church, or even that the voice of the democracy within the Church must be silenced and the clerical caste be again putin power, but many will pray that by patience a way may be found out of the present difficulties without resorting to any. of these alternatives, and that the Spirit of God, who has watched over our Church and Nation hitherto will still show the way in which both may work together for the glory of God and the spiritual good r=: of the British Commonwealth of Nations and many beyond. committed. With all these warnings riging in their ears, with no prospect of relief from crushing taxa-with a foreign trade balance the French people can hardly be blamed if they show a complete lack of enthusiasm in the cause of monetary reform,
Text read from the printed page and cleaned; old type leaves the occasional error.