FRENCH POLITICS

Waikato Times, Volume 119, Issue 19878, 6 May 1936, Page 7

FRENCH POLITICS

MAJORITY FOR THE LEl‘ T. ___. FRONT POPULAIRE'S PROGRAMME. MAY LEAD TO SERIOUS TROUBLE. LONDON, May 5. The Paris correspondent 0f the Times says the programme of the Front Populairc, although generally moderate, includes items which may lead to serious trouble if they are pressed unsliilfuliy. Among these is the, dissolution and disarmament of the Groix de F6ll. which its followers assert may lead to civil war. The Croiz de Feu claims 800.000 followers armed and organised, and will resist dissolution. Another item in the programme is the reform of the Bank of France. which is expected to be placed under public control. This already is unsettling both large and small capitalists and causing fears of an embargo on the export of capital, which. it is believed, will lead to devaluation. It is hoped that the Opposition will give the Front Populaire a fair chance to govern, thereby preventing too dras—tic measures with a resultant panic. The Paris correspondent of the Daily Telegraph states that the Com—munist leader, M. ’i‘horez, said: ” Now we shall be able to make a levy on large fortunes." The final state of parties as the re—sult of the election is : Left 381 Right ............. 237 RESIGNATION 0F CABINET. FOREIGN SITUATION DISCUSSED. United Press Assn—Else. Te]. Copyright. (Received May 6, it a.m.) PARIS, May 5. The Cabinet sat for a lengthy period. and listened to a long speech by M. Flandin on the foreign situa—tion and another by .\i. liegnier deal—with finance. M. Regnier subsequently stated thatj no special measures to safeguard the; franc, such as the control of foreign exchanges or an embargo on gold, would be necessary before the l‘esig-i nation of the Cabinet, which is ex-; pected on June 1, when the new Cham—‘ her will operate. l ‘_ i THE FLIGHT OF GOLD. ‘ BIG CONSIGNMEXTS TO ENGLAND.‘ FEAR OF SOCIALIST REGIME. ‘ (Received May 6. ii am.) LONDON, May 5. Every airliner from Paris is heavily laden with gold. due to French nerves at the advent of the Socialist regime. It is estimated that £2,000,000 worth arrived by air to—day, in addi—tion to large sea-borne consignments. 'l‘hc Customs officers have noticed that private citizens in the last few days have been bringing personal trinkets and family heirlooms. m: