GOVERNMENT OF FRANCE

Press, Volume XCVI, Issue 28414, 22 October 1957, Page 7

GOVERNMENT OF FRANCE

Decision Not Yet Reached (Rec. 11.20 p.m.) PARIS. Oct. 21. Mr Robert Schuman, the French Popular Republican leader, will report today to the President. Mr Rene Coty, on his efforts io find a basis for solving France’s grave financial problems on wh’ch rests the chances of ending the 21-day government crisis. The former Prime Minister and Foreign Minister, who is now 71, was entrusted with the task by the President last Saturday after Mr Coty came to the conclusion that the crux of the crisis lay in straightening out economic affairs. France has now been without a Government since September 30. when the Bourges-I.launoury Government was overthrown on Algerian home rule. Mr Schuman spent all day yesterday closeted with a “brains trust” of civil servants. The President of the Bank of France. Mr Wilfred Baumgartner, was one of seven experts consulted. Mr Coty is expected to base his next moves on the Schuman report. and Mr Schuman himself is considered a likely candidate tor the job of trying to assemble a government with financial polic}’ as the main issue in its programme. Three political leaders have already tried, and failed, to end the Cabinet impasse and to form France’s twenty-fourth government since the war.