FRENCH CRISIS

Nelson Evening Mail, Volume LVI, 29 October 1925, Page 5

FRENCH CRISIS

RESIGNATION OF CABINET

HHU RIOT l)i:CI.INI-:S IMU-.M I Hltsil 11*

(Hy FJectPie Telegraph.- Copyright) (Keillor's Telegrams)

I'.A IMS. Oct. 21

M. I’ainleve during tlio morning had ;i lengthy iTnlVrence with M. Herrim vim, ns president ot 11 1 «■ elwtmher and cinim i ei iiiuil. < xpressed the <>|>i ni<>n that tln> ministrry's l enlieelive resigns {ion would lie 11 1 <■ best course. M . Haiti lt!Vt; tlllTClipUlt suggested lllilt .M. Hit rioi take tin* premiership. I hi* latter replied : ".My ministry full owing to I In; ciimn.-y inflation which was then ah sullltelv nerrssarv. Ilu 1 position mw is t lie sume nod the new mir.isl ry's first task must h,. in ask parliament to sane t imi inflation. Tluuvl'mv 1 cannot run siller tlio premiership.

GAIU.AI'X AND I’AIM.KVI

LONDON. 0.1. 28

.M. C';iiii;m\ is inaUmt; no secret ol his hostility tow;ml.s M. I’;iii levc. It is on peeled llnit imilcri;roiliiil \va rfa re ho hum M. CaillmiN. anil a prominent i'reiicli bankers aim other will now come o the sill-face. It is- even asserted that M. ('.lillanx fold „\I. Painleve lie would wreck any new ministry lie suceoeded in creatine-.

It is stated that part of M. Caillaux’s ptogramnio was an inherit.'!net! tax aver- ; ging thirty per cent, of the value ol estates falling to heirs and .'-'iicees.sor.-. hut he was willing to give the testators the right to pav upon capital (hiring their lifetime and transler the estate to heirs .it death without further diminution. The Timms rays it. was perhaps faulty tactics on M. Caillaux's part continually to postpone the announcement, of his complete plans for financial reform. PAINLEVE PREMIER PARIS, Oct. 2d. .M. Painleve accepted the Premiership. ,\l. l’riand rem.ains Foreign Minis! ev. EVENTS IN DAMASCUS PAINFUL EFFECT IN FRANCE LONDON". October 28. Franco is now ir. the throes of a double crisis arising out of the political situation and the Damascus disclosures. The hitter produced a most painful effect here, as well as in France. Tin* Morning Post affirms that not only the financial difficulties embarrassed the Painleve regime but the It*tig and costly war in Morocco tried the patience of the French people and the situation in Syria aroused suspicion and discontent. The Post in an editorial predicts that events in Damascus will 'have most serious results. The Daily Herald says that socialists ill the Senate and Chamber a»'e sure to insist on the dismiss.nl of guilty persons, no matter how highly placed. It is generally understood that A!. Doumcrgue commissioned IM. Painleve to form a now Government, in w hid it it is believed M. Painleve will become Finance Minister himself. The opinion lately stressed in Paris is that whoever :s now Prime Minister of France must be prepared to assume the responsibility of straightening out the financial difficulties. The prospect is most uncertain m the event of M. Painleve not succeeding, us M. Harriot and M. Jlrian are both reluctant to quit their present posts. li i.s considered most likely that the re-assembly of the Senate and Cha.mlier on Thursday will be postponed