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wot t i FOREIGN. AFFAIRS. An American QuarTerLy Revizw " HAMILTON FISH ARMSTRONG, Editor O Editorial Advisery Board ~ Newron D. Bax > [stan Bowman ‘, Guonce H. BLAxEsLer | Joux W. Davis Cuarias G. Dawes | StTeruen P. Duccan °° Hagar A, GARFIELD Epwin F. Gay : Groace W. WICKERSHAM ot Stebscription rate: $5.00 a year, post free to any address in the world — 45 EAST OSTH STREET, NEW YORK Nine Years of FOREIGN AFFAIRS + In Every Field of International Activity the Most Competent Authorities HOUSANDS of men and women who feel that they must know, not the news of the day only, but something about the reasons back of the news of the day, find Forzicn Arrams indispensable, Whether the discussion turns on some immediate crisis in international politics, or on its underlying causes, they are sure of finding in Forzicn AFFAIRS the views of the most competent authority on that particular subject, ' They trust, too, in its editorial integrity. They know that it does not plead any canse, however worthy. In its-nine years of life it has welcomed to its pages every honest and intelligent point of view regarding the great pivotal questions of our time. As one instance of the manner in which Forgicn Arrairs deals with international questions, consider its unique record in presenting conflicting aspects of the vast problem of Reparations, War Debts and American Foreign Loans, As spokesmen for France, it has called upon Raymond Poincaré, Edouard Herriot, Louis Loucheur, Joseph Caillaux and André Tardieu; as spokesmen for Germany, ex-Chancellor Luther, the late Gusta Stresemann, Carl Bergmann, Wilhelm Marx and Karl Kautshy. Asa American contributions on this subject it has printed thoughtful articles by TAomar W. Lamont, Roland W. Bayden, Dr, Edwin F. Gay, John Foster Dulles, Walker D, Hines and Prof. Allyn A, Youtg, eo me