FRENCH CRISIS.

Hokitika Guardian, 8 April 1925, Page 2

FRENCH CRISIS.

AUSTRALIAN' AND N.Z. CABLE ASSOCIATION

cabinet AGHEE ON rOI.ICY. PARIS, April 7.

Tuesday’s parliamentary struggle promises to be extremely severe. It is an open secret mat, oil Moncla.. serious differences arose in the Cabinet over the financial measures which M. Demonzie submitted. Alter several Cabinet meetings, it was announced to-night, that an agreement- has been reached on the finance ■schema, which is approved, and is ready. It will be signed in the morn-

Tho Chamber of Deputies will be asked in the afternoon to refer the proposals to the Finance Committee. Tho dash may mine on ibis motion, if M. Herriott demands an expression of confidence upon it. The “Morning Post” Paris correspondent says : —“The origin of the trouble is that the Government are no longer able to count upon the small investors, because of the huge post-war loans raised t.i pay lor the restoration of the war damage in certain areas. ’J wo solutions of the country’s ailment are possible. The patient may be called upon to submit to an operation, or to be placed on a dietary regime. On the other hand a majority could be found for lurther taxes on alcohol, tobacco, and other indirect taxes, if M. Herriott is willing to accept help lrom the Right party. •PARIS, April G. After 22.) hours meeting the Cabinet decided to consider M. Demonzie s proposals at another meeting to-mor-row under the presidency of President Doumergue. Several Ministers at the conclusion of Hie evening’s sitting stated they had agreed in principle with M. Dcnionzie's proposals, and only a few details remained to be settled.