RECOVERY PLAN
ATTACKED BY SOCIALISTS IN FRANCE FEARS OF DISTATORSHIP. — I RUSH TO BUY GOODS. By Telegraph—Press Association —Copyright. LONDON, November 15. The Trade Union Congress in Nantes, representing 400,000 workers, violently attacked the plan of the Finance Minister, M. Reynaud, to secure France’s financial stability, says the Paris correspondent of the “Daily Telegraph. ’ M. Blum stated that the plan does not command Socialist confidence, since it is at the mercy of the Fuehrer's frown. Others fear that the failure of the plan will place France under a dictatorship. The Prime Minister, M. Daladier, explained that he would not exercise plenary powers entailing expenditure without consulting Parliament. The Paris correspondent of the British United Press says that, as a result of the plan, stocks rose. Meanwhile, housewives and smokers crowded shops throughout the country and bought out stocks or sugar, wine, coffee, tobacco and cigarettes before prices /rose.
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Wairarapa Times-Age, 16 November 1938, Page 5
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148RECOVERY PLAN Wairarapa Times-Age, 16 November 1938, Page 5
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