THE NEW FRANCE.

Taranaki Daily News, 24 January 1920, Page 5

THE NEW FRANCE.

FUTURE POLICY OUTLINED. "PRODUCE MORE; CONSUME LESS." By Telegraph.—Press Assn.—Copyright, Received; Jail. 23, 7.20 p.m. I Paris, Jan. 22. Tie Ministerial declaration of M. Millerand (the new Premier) wis read I in the Chamber of Deputies. It emphasised that, in order to obtain legitimate benefits from victory, it is necessary neither to make less effort nor to display less self-denial than, was required to obtain victory. The e#a of •elf-sacrifices and restrictions has by no means come to an end. The duty of citizens could be summed up in four words: "Produce more; consume less." The Government's principal concern was to find fresh sources of taxation without discouraging the spirit of enterprise, it being contended it wa*s morally just that war profits should be particularly heavily hit. The Government propose formula providing for co-operation between private initiative and the State. The Government's labor policy was to guarantee to Labor a legitimate share of profits, as well as the organisation of conditions, and to seek to prej vent or settle disputes by means of arbi- | tration. The Government would leave nothing undone to strengthen the League of Nations, but it would be unpardonable frivolity to trust to promisee of the future for safeguarding the immediate security and securing the reparation to which France was entitled. One of the first problems would be the new organisation of the military and the naval forces, in which economic exigencies required a considerable reduction in the term of service. The Treaty of Versailles, which Would be carried out with unshakeable firmness, would involve a close and cordial maintenance of the alliance which saved the world. Prance was determined to maintain relations of confidence and friendship with the smaller Powers. She would not forget that it was her duty to guarnatee respect for the stipulations in which these Powers were concerned, and which should contribute to the maintenance of peace.—Aus.-N.Z. Cable Assn.

THE NEW CABINET. MEN OF BUSINESS ABILITY. Received Jan. 23, 9.5 p.m. Paris, Jan. 20. The new Cabinet includes four nonmembers of Parliament holding the portfolios of Finance, Agriculture, Technology, and the Liberated Regions. The Cabinet consists of men of considerable business ability, but singularly devoid of political experience. The Finance Minister expects to introduce taxes on employment income and salaries, as well as a tax on capital. —Aus.-N.Z. Cable Assn.