GOVERNMENT’S PLENARY POWERS
SENATE STEPS IN
FRENCH FINANCIAL POLICY
Relations Between State And Bank
Press Association —Copyright. Received June 19, 1.5 p.m. Paris, June 18. The Finance Committee of the Senate has adopted a Bill limiting the Government’s plenary powers to deal with the financial crisis, refusing to allow the Government to control exchanges, free circulation of gold in France and the transfer of capital and securities to foreign countries. The Senate’s Bill also forbids forced loans and conversions, a modification of relations between the State and the Bank of France, and requires the government to submit Orders-in-Council to Parliament for ratification. M. Blum called a conference to discuss means of conciliation.
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Taranaki Central Press, Volume IV, Issue 451, 19 June 1937, Page 5
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112GOVERNMENT’S PLENARY POWERS Taranaki Central Press, Volume IV, Issue 451, 19 June 1937, Page 5
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