FAVOURABLE RECEPTION

Taranaki Central Press, Volume IV, Issue 455, 24 June 1937, Page 5

FAVOURABLE RECEPTION

NEW FRENCH CABINET M. CHAUTEMPS SUCCESS Finance And Exchange Press Association —Copyright. (Received 10.30 am.) Paris, June 23. Being assured of the support of the Socialists, the largest piarty in the Chamber of Deputies., M. Camille Chautemps has formed a Cabinet including MM. Blum, Sarraut, Delbos, Daladier, Bonnet and other members of the previous Ministry. With the natural exception of the extreme Right newspapers, the Chautemps Government is well received. It is believed its main difference from M. Blum’s Government will be its treatment of finance. M. Chautempe, in a statement, said the most urgent task was obviously financial recovery. “I hJave not hesitated to recall my friend, M. Bonnet, who has already been a collaborator, and whose financial abilities are not ii question,” he said. It is.* expected that the new Government, which includes only six who were not in M. Blum’s, will receive a comfortable majority both in the Chamber and in the Senlate. M. Chautemps, according to Le Temps, intends to return to sound liberal orthodoxy, with the object of re-kind-ling confidence, as after a too rapid social evolution .the edifice must be consolidated.

Trades unionists have not expressed hostility towards M. Chautemps.

After M. Chautemps’ Cabinet had been presented to the President, M. Albert Lebrun, and had held its first meeting, M. Chautemps, m an interview 'with the Daily Telegraph at London, said: “I have formed a Ministry of Republican Unity to establish financial reconstruction with the help of M. Francois Bonnet, now Ambassador at Washington, who will return on Tuesday, when the Government will meet the Chamber of Deputies.” The Cabinet consists of 13 Radicals, 12 Socialists, three members of the Socialist Union, and two independents of the Left.

M. Chautemps is expected to adhere to the main lines of M. Blum’s policy with less extreme plenary powers dealing with finances and exchange.

NEW PRIME MINISTER M. Camille Chautemps., the new Prime Minister, is a former Prime Minister who created a precedent in the history of the French Republic by resigning without being voted down by the Chamber of Deputies. He is said to be la professional politician, a careerist whose family has been a sort of Radical dynasty since, 1871. The royalists dall him Ls Tenebreaux,’ the shadowy. He is a Freemason. He was Minister of the Interior in the days of Stavisky, the “prince of frauds” in France, and his brother-in-law, Presstard, was head of the Paris Prosecutor’s office which let Stavisky off. As a result M. Chautempts, even after he had resigned, was pursued with virulent criticism in many of the French, particularly Paris, newspapers'. He later became a Senator.