The initials A. S. D. stand for Arbitration, Security and Disarmament —keynotes of French foreign policy. In the Chamber of Deputies was made last week "a speech of Poincaré through the mouth of Herriot." The latter, alarmed at the recent Monarchical doings in Germany, delivered himself of a three hours' oration. He was working for peace— France's actions at Geneva proved that, (TIME, May 5) but he would never give up the security of his country while militarism was fostered on the other side of the Rhine.

He reminded the enthusiastic Deuties that...

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