M. Amagat, a Republican deputy for the Department of the Cantal, who has distinguished himself and earned the hostility of the Carnot Government by his cool and methodical treatment of these financial matters, denounces this device as 'deplorable,' and as keeping alive the most strange 'illusions' among well-meaning French Republicans about the real condition of the national finances. Precisely! But the device was adopted expressly to keep alive these 'illusions,' in order that the 'illusions' might keep alive the politicians who adopted the device. It served M. Leon Say, who knew better, in 1879. It serves M. Rouvier, who, perhaps, does not know better, in 1890. The new Chamber met on November 12, 1889. A fortnight had hardly passed when M. Rouvier, as Minister of the Finances, the 'Minister of ill-omen' as M. Amagat calls him, rose in his place and, without a blush, affirmed that the budget for 1889 showed an excess of receipts over expenditure of 'forty millions of francs!' This bold statement was promptly telegraphed from Paris, by the correspondents of the foreign press in that city, to the four corners of the globe. What did it mean? It meant simply this: that, thanks to the financial success of the Government investment of the public money in a grand raree show at Paris, called a 'Universal Exposition,' such an excess of income over outlay appeared in what is called the 'ordinary budget.' As to the 'extraordinary' budget--oh! that is quite another matter. It is as if an English householder should divide his yearly accounts into 'ordinary' and 'extraordinary' accounts, putting under the 'ordinary' accounts his cab and railway fares, his club expenses, his transactions on the turf, and his ventures at Monte Carlo, but remitting to the 'extraordinary' accounts such unconsidered trifles as house-rent, domestic expenses, the bills of tailors and milliners, and taxes, local and imperial. For 1879, for example, M. Leon Say, as Finance Minister, gave in his 'ordinary' budget at 2,714,672,014 francs, which showed a reduction of 78,705,790 francs from the 'ordinary' budget of 1878; but with this cheerful statement M. Leon Say gave in also his 'extraordinary' budget at 460,674,566 francs, the whole of which rather important sum was to be raised, not out of the revenue, but by a loan! This system has been carried on ever since 1877, when the 'true Republicans' got possession of the legislature, two years before they put M. Grevy into the Elysee as President.