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CABINET-MAKING

SPECULATION INQUIRY

FINANCIERS PLEASED

PARIS, May 31,

Does the fall of the Government also mean the fall of the franc? is the question exercising everyone's mind. M. Bouisson has accepted the task of forming a Ministry "of the widest union." - • The Socialists inconclusively discussed their attitude towards a new Ministry until after midnight, and will meet again this morning. M. Lebrun was conferring with M. Herriot and M. Pietri as late as 3 a.m., after which, M. Bouisson was closeted with.the Socialist leaders, on the question of their participation. It is announced that certain financial houses have already been sealed with a view to a search for .evidence against speculators. The Bourse reopened this morning. (Received June 1, 10.35 a.m.) PARIS, May 31. M. Herriot provisionally accepted M. Bouissoirs invitation to join the Cabinet. . . The Socialists refused, but state that it is necessary to defend the franc. < The Exchange market is very quiet. Financial circles are pleased that the political crisis has come to a head. Many bankers believe that the market will turn directly the Cabinet is formed. ... .. . M. Bouisson is expected to demand full powers to defend the franc.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19350601.2.82.2

Bibliographic details

Evening Post, Volume CXIX, Issue 128, 1 June 1935, Page 9

Word Count
192

CABINET-MAKING Evening Post, Volume CXIX, Issue 128, 1 June 1935, Page 9

CABINET-MAKING Evening Post, Volume CXIX, Issue 128, 1 June 1935, Page 9