That such papers should ever have been left by a man of M. Caillaux's intelligence where they might quite conceivably be attached, and that he should have carefully put in writing the names of men whom he hoped to use for the purpose of furthering a _coup d'état_, do unquestionably support the theory that he is subject to intermittent fits of madness. His extraordinary proceedings at Buenos Aires, where, according to the United States representative in the Argentine capital, he entered into a series of most compromising negotiations with the German von Luxburg, were no good evidence of the permanent sanity of this successful and experienced man of affairs. But "madness in great ones must not unwatched go." His object was avowed in that remote city: to make peace with Germany at any price, for the purpose of reviving international finance. All these statements coming in succession, and accompanied by the formulation of the cases against M. Malvy, Bolo Pasha, with Duval and others of the _Bonnet Rouge_ clique, at length roused furious public indignation, which the actions of M. Humbert, the senator and owner of the _Journal_, the paper that Bolo had in effect bought, further inflamed. Who could be regarded as entirely free from treacherous designs, when such a crushing indictment as that officially formulated against Caillaux could be accepted as correct?--when a Minister of the Interior could be publicly charged with criminal weakness towards persons more than suspected of high treason of the most sordid type?--and when a man of Bolo Pasha's career and associations evidently exercised great influence, not to say authority? The revelations at the trials of the accused persons, and the ugly evidence submitted not only made matters look worse for M. Caillaux, but roused general amazement that such deadly intrigues should have been allowed to go so far under the very eyes of the authorities. The career of Bolo Pasha, the direct agent-in-chief of the main conspiracy, was well known. The men with whom he was on terms of close intimacy were suspected persons, long before any action was taken. The secret service department was well aware that he had huge sums of money at his disposal that were very, very far in excess of any that he could command from his private resources. The origin of his title of dishonour from the Khedive could not have escaped notice. Yet he, a born Frenchman, all whose begettings and belongings were a matter of record, pursued his shameless policy in the interest of Germany with apparent certainty of immunity from interference.