FRENCH POLITICAL CRISIS
NEW CABINET CONSIDERED DEBT SETTLEMENT DISPUTE HOTHEADS IGNORE DANGER By Telegraph—Press Assn. —Copyright. Australian Press Association. London, July 7. A French political crisis lias followed the Chamber’s reluctance to ratify unconditionally the debt agreements with Britain and the United States. The Paris correspondent of the. Daily News says that the formation of another Cabinet with a new Prime Minister seems the most likely exit from the deadlock. The most alarming feature in the present crisis is that a big effort is being made to mobilise the general public against France’s debt settlements. Royalist agitators are especially active, and have distributed throughout the country thousands of leaflets denouncing any “policy of abandonment,” both as regards the war debts and the Rhineland occupation.
Warnings that a refusal to ratify the debt agreements is tantamount to a declaration of national bankruptcy, and will pro-bably lead to reprisals, by tho United States, are completely unheeded ny the 'hotheads.
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Taranaki Daily News, 9 July 1929, Page 9
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157FRENCH POLITICAL CRISIS Taranaki Daily News, 9 July 1929, Page 9
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