taking its lead in foreign affairs from Berlin. How Jules Ferry developed that system we know now from Bismarck's subsequent expressions of regret at Ferry's fall. He believed that, had Ferry remained in power, an amicable arrangement would have been made between France and Germany, a formal agreement having been almost concluded to the effect that France should maintain peaceable and friendly relations with Germany, while Bismarck supported France in Tunis, in Indo-China and generally in its schemes of oversea colonization. Even though the friendly attitude of Germany towards those schemes was not official the contrast was manifest between the benevolent tone of the German press and that of the English, which was generally hostile. Jules Ferry took his stand on the position that his policy was one not of colonial conquest, but of colonial conservation, that without Tunis, Algeria was insecure, that without Tongking and Annam, there was danger of losing Cochin-China, where the French had been in possession since 1861. It was on the Tongking question that Ferry fell. On the 30th of March 1885, on the news of the defeat of the French troops at Lang-Son, the Chamber refused to vote the money for carrying on the campaign by a majority of 306 to 149. Since that day public opinion in France has made amends to the memory of Jules Ferry. His patriotic foresight has been extolled. Criticism has not been spared for the opponents of his policy in parliament of whom the most conspicuous, M. Clemenceau and M. Ribot, have survived to take a leading part in public affairs in the 20th century. The attitude of the Parisian press, which compared Lang-Son with Sedan and Jules Ferry with Emile Ollivier, has been generally deplored, as has that of the public which was ready to offer violence to the fallen minister, and which was still so hostile to him in 1887 that the congress at Versailles was persuaded that there would be a revolution in Paris if it elected "the German Ferry" president of the Republic. Nevertheless his adversaries in parliament, in the press and in the street have been justified--not owing to their superior sagacity, but owing to a series of unexpected events which the most foreseeing statesmen of the world never anticipated. The Indo-China dream of Jules Ferry might have led to a magnificent empire in the East to compensate for that which Dupleix lost and Napoleon failed to reconquer.