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DETERMINED TO BALANCE BUDGET

PARIS, June 30. When the Chamber resumed the Communist) M. Ramadier, asked to be allowed to speak but M, Herriot refused, declaring the Chamber had more important things to do. This caused a further uproar and another short suspension of the sitting. The Finance Minister, M. Bonnct, said: "I am determined to balance the Budget before the end of the year." He Lnsisted that Francl no longer had a ehoice of various solutions. She must give the present Cabinet full powers to stop the drain of gold from the country. The maintenance of European peace dependa on a strong France and to be strong France must have healthy finances. A Washington message says the French Government has informed the Treasury that it contemplates withdrawal from the tripartite agreement, The French Embassy explained that the notice was simply a desire to fulfil the terms of the agreement by an exchange of views before any action is taken tending to upset curreney ratios. It is not to be interpreted to mean devaluation of the franc. 4

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBHETR19370701.2.41

Bibliographic details

Hawke's Bay Herald-Tribune, Issue 141, 1 July 1937, Page 5

Word Count
178

DETERMINED TO BALANCE BUDGET Hawke's Bay Herald-Tribune, Issue 141, 1 July 1937, Page 5

DETERMINED TO BALANCE BUDGET Hawke's Bay Herald-Tribune, Issue 141, 1 July 1937, Page 5

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