ARREST OF FRENCH BANKER.
POLITICAL REACTION CAUSED. (r*ITBD P&K88 ASSOCIATION—BY BXICTRIC TCr.EGRAPH—COPYRIGHT.) PARIS, November 28. M. Oustric, founder of the Oustric Bank, has been arrested and charged with frauds exceeding £10,000,000 by manipulating Bourse prices by means of a newspaper called "Bourse et Finance," which published fictitious quotations. Following M. Oustric's arrest, Mm. Falcoz and l'Autier, members of M. Tardieu's Government, resigned, as they had relations with the Oustric Bank and wished to be free to explain their connexion with the bank to the Commission of Enquiry which has just been appointed. M. Tardieu then asked the House for a vote of confidence. After a passionate speech by the Prime Minister and a stormy debate, in which the Opposition suggested that the Government was seriously affected in Oustric's case, M. Tardieu received a vote of confidence by 293 votes to 279. The smallness of the majority caused a sensation in Pari?.
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Press, Volume LXVI, Issue 20099, 1 December 1930, Page 11
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151ARREST OF FRENCH BANKER. Press, Volume LXVI, Issue 20099, 1 December 1930, Page 11
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