FRENCH POLITICS.

Hokitika Guardian, 1 April 1926, Page 2

FRENCH POLITICS.

[Australian & N.Z. Cable Association.] FRENCH FRANC STEADIER. LONDON, March 30. Tho French franc in London is steadier closing at 1413 on the progress of the Finance Ministers new taxation proposals, but tho Belgian franc again slumped on heavy selling, opening at 12G] and closing at 131]. CHAAIBEIt SUSPENDED. PARIS, Alarch 30. Alouselike quietude in a packed Chamber during the momentous financial debate which was to decide the fate, not only of tho Government, hut possibly also of France, lasted while the finance committee’s reporter outlined tlio position, explaining the problem was to find about 2,400 million francs. At. Perot followed, pleading the urgency of financial reconstruction, including tlio business turnover tax. Tlio Chamber’s tranquility was shattered by tbe entry of the two newly elected Paris Communists, which was greeted hv the Communists singing the International to the accompaniment of indignant shouts irom tho Right. Al. Herriot, the President, suspended tho sitting. FRENCH POLITICS. PARIS, Alarch 30. After a five minutes’ interval, the Chamber of Deputies made a fresh start in the attempt to pass the Government’s measure. A number of suggested amendments to tbe poll tax were rejected or shelved. Finally the debate was adjourned until to-morrow. The Finance Committee meanwhile is resuming its arduous eflorts. Air. Perct (Finance .Minister) insisted that the bill must lie passed to-morrow.