BITTER PILL SWALLOWED.
INFLATION TN FRANCE. SENATE PASSES THE BILL. SPECULATION RUNS RIOT. BOURSE SHUT ON SATURDAYS. By Telegraph.—Press Association.—Copyrights (Received 5,5 p.m.) A. and N.Z.—Renter. LONDON. Dec. 5. A message from Paris says the Senate passed the entire Finance Bill by 205 votes to 26. - The Paris correspondent of the Daily,, Express says patriotism prevailed over party politics in the crisis which threatened economic disaster. This is now believed to have been averted for the time being. The Senate reluctantly swallowed the bitter piil of fresh inflation. It was a matter of sheer necessity, but it required all the persuasive eloquence of the Premier, M. Briand, and all the argumentative skill of the Minister for Finance, M. Loucheur, to break down the opposition. There has been such an orgy of speculation on the exchanges owing to the fall of the franc that .the prefect of police has ordered the of the Paris Bourse on the remaining Saturdays in the present year. This is in order to clear the sur- t rounding streets from the constant throng of shrieking, struggling speculators.
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New Zealand Herald, Volume LXII, Issue 19194, 7 December 1925, Page 9
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181BITTER PILL SWALLOWED. New Zealand Herald, Volume LXII, Issue 19194, 7 December 1925, Page 9
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