NEW MINISTRY
WIDE POWERS CONFIDENCE IN FRANCE EARLY ADJOURNMENT OF PARLIAMENT (United Press Assn.—Telegraph Copyright.) (Rec. 11 p.m.) London, June 3. The Paris correspondent of the Financial News says that the formation of the Bouisson Ministry resulted in a change over from something approaching despair to confidence. One reason is that Parliament will in a few days grant wide powers to the Ministers which it refused M. Flandin and will then adjourn until the Autumn. Decrees issued under these powers will not require Parliamentary I'atification until July, 1936, or until after the Chamber elections and therefore deputies will be in a position to seek re-election without taking responsibility for the reforms. The second reason is that M, Caillaux is an ingenious long-viewed financier who favours income tax ana rigorous economies by elimination of waste and relaxation of import quotas and tariffs with a view to a revival of international trade.
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Bibliographic details
Southland Times, Issue 25302, 4 June 1935, Page 7
Word Count
150NEW MINISTRY Southland Times, Issue 25302, 4 June 1935, Page 7
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