FRENCH CRISIS

Hokitika Guardian, 6 April 1925, Page 3

FRENCH CRISIS

AUSTRALIAN AND N.Z. CABLE ASSOCIATION

(Received this day at 0.45 a.m.) PARIS, April I. In the Chamber M. Ilcrriot refused to make a statement regarding .M. Clementcl’s resignation. In the afternoon he obtained the adjournment till Tuesday by an interpellation which made the question one of confidence, only the Communists oppposing it. He foreshadowed a hill embodying a reform to set the country’s finances

on a sound footing, hut ironical op-

position laughter greeted l.is opinion that this alone would assure the restoration of the franc and a fall in the coast of living.

The Chamber adjourned till Tuesday

M. Herriot, speaking at a party meeting later, said the principles governing the elaboration of the Oovernmeat’s schemes consisted [principally of a sort of capital levy which would more particularly affect acquired wealth, while avoiding interfering with wealth in the course of formation. A!. Domonzie, the now Finance -Minister, is a barrister aged 15. lie is a member of a group in the .Semite known as the Gaueho ' Dcmocratique. lie is the principal initiator of the resumption of trade relations with Russia and is opposed to the abolition of the Embassy at the Vatican and it is reported that his acceptance of office is conditional on the Government adopting a compromise by which the Charge I)’Affaires representing AlsaceLorraine at the \ atieau will care for the interests of the rest of Eranee. According to “ be Temps” the proposed capital levy will be ten per cent., payable over a decade with facilities for a settlement in advance. Impartial observers, however, anticipate an early political crisis resulting in a dissolution and fresh elections. “be Tennis” confirms the statement that .M. Loucheur declined the Finance Ministry before -M. Demonzio accepted it. PARIS, April 5. At it banquet at Foiitainhleati, AT. Herriot said rather than how to wealthy interests desirous of governing the country, lie would appeal to the people to judge between him and them. This is interpreted to mean that if the Senate rejects the Govcriimcmf’s financial proposal, Al. Herriot will ask lor a dissolution of the Deputies and fight the election on financial issues, including a capital levy. PARIS, April 0. Al. Alilleraud was elected to the Senate for the Department of Seine on the i first ballot, securing an absolute majority over the governmental candidate Autrunnd and several others, including Socialists. .

According to the newspapers, members of the Left and Democratic group, impose the Vatican compromise, and also the capital levy to which rural and radical deputies are also opposed. De nionzie said lie did not favour a capital levy, but unvexatious measures to bring n arrears of tax on war profits. Ihe opinion is expressed that ditlorcnces in viewpoints of Al. Herriot and Dcmoniie may lead to a clash on Thursday.