FRENCH CABINET

Nelson Evening Mail, Volume LVI, 28 October 1925, Page 5

FRENCH CABINET

RESIGNATION EXPECTED (By Electric Telegraph.—Copyright.) t-Bomter’e Telegram*.) PARIS. Oct, 2li. Well informed circles consider ii certain that Cabinet will resign on liio'* to-morrow, apparently with the object of getting rid of M. Caillaiix. As a sequel to the Cabinet decision to proceed against specula.! ion of the franc till* Controller of Finance Ministry inspected the books of certain banks.

STORY 01' mSAORKRMIvXT DKNIKO

PARIS. Oct. 41!

M. Painleve categorically denied the story of disagreement with M. CaPlattx. tin the contrary the Government was considering a new financial project which it hopes will he acceptable to tin* majority of the Cham her.

SPECULATION IN THE FRANC

PARIS. Oct. 20.

At a meeting of Cabinet M. Caillaiix announced that lie had ordered an inquiry into flu l sale in France and Hie purchase of sterling by French citizens abroad. The Minister of .InsCee would open an immediate inquiry with a view to establishing the identity of speculators in the franc.

RECOVERY OF THE FRANC

LONDON. Oct. 2ii. The French franc in London recover ed to 112.12.

CABINET RESIGNS HAIMS. Oct. 27. 'I lie Er< ncli Cabinet I;:is resigned. REASON FOR RESIGNATION I’.\I!IS. Oct. 27. A communique issued slates that the Rainlcvc Cabinet which previously .av«iur:ihly examined .M. Caillaux’s finan ceil proposals, continued (lie interruptcd discussion on the same subject, which disclosed no essential division etiiong members of Cabinet. I i order to deal with the political ami parliamentary situation as revealed in recent party demonstrations. Cabinet is convinced that (he urgent effort necessary for tin tittnal restoration is only pursuahle with the certainty of a stable majority. The 1 >overnnieiit therefore unanimously decided to tender its resignation to the i 'resident.

It is rumoured in th f . lobbies that. -d. I’ainlove asked ,M. Harriot to enter the Ministry in the event ol its reec-nslruc--1 ' 11. li i s understood Al. Harriot re cm! his answer.