Monsieur Barthou made a cynical and characteristic comment on this Bourse operation. “The money was not lost to everybody,” he said. On March 8 Monsieur Gaston Calmette stigmatizes Monsieur Caillaux’s behaviour with reference to the immunity and taxation of French Rentes as “a double pirouette, a looping-the-loop act which allowed certain friends of the Minister of Finance, of whom he was very fond and whom he kept very well informed, to execute a most audacious Stock Exchange coup.”

Monsieur Calmette follows this up by a personal attack on Monsieur Caillaux, who, he declared, stated through the Agence Havas on December 28 that he had resigned his position on the board of the Crédit Foncier Egyptien and the Crédit Foncier Argentin, that Monsieur Caillaux had mis-stated the truth, and that he was still a member of these boards and drawing a large sum for his services. On March 10 Monsieur Calmette attacked Monsieur Caillaux in an article which occupied nearly three columns of the front page of the Figaro, on his behaviour in the Rochette case.

This article was of course written with the knowledge that the letter of Monsieur Victor Fabre, the Procureur Général, which appears earlier in this volume, would, if published, support the charges made by Monsieur Gaston Calmette against Monsieur Caillaux, and Monsieur Monis. It marks the last stage of this long series of personal attacks in the Figaro, far too many of which attacks appear to be only too well deserved.

“For Rochette to escape from legal punishment for his crime against the investing public it was necessary that his case should not come on for trial on April 27, 1911,” wrote Monsieur Calmette in the Figaro on March 10, 1914. The meaning of this is that by French law a prosecution which has not been followed by execution within three years falls to the ground and becomes null and void. Rochette would be a free man if he remained unsentenced three years after his first prosecution in 1908. On March 2, 1911, wrote Monsieur Calmette, “Monsieur Caillaux became Minister of Finance in the Cabinet of which Monsieur Monis was Prime Minister, and Monsieur Perrier Minister of Justice. Rochette had been arrested on March 20, 1908. On May 8 he was released provisionally. He was tried on July 27, 1910, sentenced to prison, appealed, and was able to continue his inroads on the private fortunes of France in all tranquillity. Rochette in 1908 continued to speculate and continued to empty France’s woollen stocking. He got seventy-two million francs of small investors’ money before his arrest, he got sixty-eight million francs more out of it afterwards. If his case did not come on before the three years were up he would be a free man.”

Monsieur Calmette then tells the story of the pressure which was brought to bear by Monsieur Monis and Monsieur Caillaux on Monsieur Fabre and on Judge Bidault de L’Isle, which story we know in all its details now, and he comments on it in these words: “Rochette was saved. All he had to do was to wait for the previous procedure to be proclaimed null and void, and this was done on February 2, 1912. When, to his amazement, a new suit was commenced under the Cabinet of which Monsieur Poincaré was Prime Minister, Rochette took flight. He is a free man to-day, freer and better protected than all of us. He will smile as he reads this indiscreet account of his troubles which are over, and in his gratitude he will send from overseas a gracious greeting to the Minister of Finance, his saviour and his friend. Monsieur Caillaux it was who demanded, who obtained, who insisted on, the various postponements which allowed Rochette to thieve with impunity. Monsieur Caillaux it was who allowed Rochette to proceed during the long legal procedure with the systematic spoliation of the public purse for which he had been arrested, tried, and sentenced once. The protector, the accomplice, of this shady financier is Monsieur Caillaux. Monsieur Caillaux it was who in exchange for subventions of money to the newspapers which supported him and his policy facilitated, prolonged, and increased the strength of the influence of this Stock Exchange adventurer on the public whom he was ruining.

“There you have the plutocratic demagogue! There you have the man of the Congo, the man who nearly made us quarrel with England and with Spain, the man of the Crédit Foncier Egyptien lottery bonds, the man who drew money for serving on financial boards and for services rendered, the man who indulged in secret machinations and criminal intervention, the Finance Minister of the Doumergue Cabinet! Neither the Commission of Inquiry nor Monsieur Jaurès ever really understood the Rochette affair. They guessed something about it, they felt what it meant, instinctively, and they stopped their inquiry, frightened by so much illegality, disgusted at so many crimes. Now you know the truth of it all. Here it stands revealed in all its nakedness to the public whose savings have been stolen. It can be resumed in one word—infamy! It can be resumed in one name—Caillaux!”

On March 11, Monsieur Calmette pointed out that Monsieur Caillaux had issued no official contradiction to the terrible accusations in the Figaro of the day before. On Thursday, March 12, he called public attention again to Monsieur Caillaux’s silence, and in heavy black type in the very centre of the front page of his paper appeared these three lines, which were, so soon, to be fraught with tragic consequence.

“WE SHALL PUBLISH TO-MORROW A CURIOUS
AUTOGRAPH DEDICATED BY MONSIEUR
JOSEPH CAILLAUX TO HIS ELECTORS.”

On Friday, March 13, 1914—those of my readers who are superstitious will take note that it was a Friday and a thirteenth of the month—the “Ton Jo” letter appeared on the front page of the Figaro.