YUGOSLAVIA: Optimist No. 1

A ruthless royal dictator of great charm, who knew how to keep democratic Frenchmen and Britons cheering for him, was King Alexander of Yugoslavia, assassinated at Marseille (TIME, Oct. 22, 1934). Since his death, Yugoslavia has followed an exactly opposite foreign policy of courting the favor of authoritarian states —while not actually flouting France or Britain. Last week Premier Milan Stoyadinovich was so pleased with the way his country's foreign policy was shaping that he crowed in Parliament:

"Our treaty with Italy is working to the satisfaction of both countries. Our relations...