February 26, the _Figaro_ returns to the attack on the same subject. On March 2, 1914, Monsieur Calmette published a letter written on December 19, 1908, by Monsieur Caillaux, who was then Minister of Finance, to Monsieur Clemenceau, who was then Prime Minister and Minister of the Interior. In this letter Monsieur Caillaux protests against the publication in the _Journal Officiel_ of advertisements of foreign lottery bonds. “Six months after the date of this letter,” says Monsieur Calmette, “the Clemenceau Cabinet fell, and Monsieur Caillaux in the following autumn became President of the board of the Crédit Foncier Egyptien. He remained President of that board till January 1914, even while he was a member of the Cabinet again from March 2, 1911, till January 10, 1912. In December 1908 while Monsieur Caillaux was Minister of Finance and was not yet on the board of the Crédit Foncier Egyptien he had refused the introduction on the Paris market of 800,000 lottery bonds. In 1912 he authorized their introduction.” “Our plutocratic demagogue,” writes Monsieur Calmette, “had found in the interval between 1908 and 1912, 100,000 good reasons for suppressing his refusal of 1908 to give these bonds a market.” This article is of course a deliberate accusation of financial and political dishonesty. On March 3, Monsieur Calmette returns to the question of the South Atlantic Shipping Company. On the 4th, Monsieur Calmette warns the public against a loan which is to be issued by this company, and suggests that Monsieur Caillaux’s reasons for encouraging it are reasons of party policy, and anything but straightforward. On March 5 the _Figaro_, over the signature of Monsieur Gaston Calmette, accuses Monsieur Caillaux publicly of facilitating a Stock Exchange _coup_ by enabling his friends to gamble, with a certainty of success, in the price of French Rentes on the Paris Bourse.