FRENCH MINISTRY
"VOTE OP CONFIDENCE APPRECIATION OF FRANC EXPANSIONIST POLICY LIKELY By Telegraph—Press Association—Copyright (Received February 2. 5.5 p.m.) LONDON. Feb. 1 A message from Paris says that after a noisy debate in the Chamber of Deputies a motion of confidence in the Sarraut Ministry was carried by 361 votes to J65. M. Sarraut's victory, with the largest majority a French Government has received for a considerable. time, was reflected in a sharp appreciation of the franc and a flood of buying on the Paris Bourse.
It is believed on the Bourse that M. Sarraut will develop an expansionist policy. It is also considered that an early arrangement will be made for sterling credit, possibly £66,000,000, to prevent further gold losses. The Bank of France's report disclosed that the attacks on the franc in 1935 cost the bank £213,000,000 in gold.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19360203.2.61
Bibliographic details
New Zealand Herald, Volume LXXIII, Issue 22333, 3 February 1936, Page 9
Word Count
141FRENCH MINISTRY New Zealand Herald, Volume LXXIII, Issue 22333, 3 February 1936, Page 9
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in