CABINET CRISIS IN FRANCE

Timaru Herald, Volume CXXXVII, Issue 19628, 24 October 1933, Page 7

CABINET CRISIS IN FRANCE

APPEAL FOR UNITY IN POLITICS GRAVE MENACE IN WEAK BUDGET United Press ‘Association—By Electric Telegraph—Copyright PARIS. October 22. M. Daladier. at a neeting of Radical Socialists, warned them of the dangers of non-acceptance of the Budget. France was being attacked in certain foreign markets through rumours that she Intended to abandon the gold standard. M. Daladier declared that the Government would resist inflation in any form. The Budget must be adopted to save the country. The meeting passed a resolution of support. Warning to “Take Care." "Take care! France is at the crossroads and may to-morrow be in a perilous position.” said M. Lamaurex. opening th'e financial debate in the Chamber of Deputies, which threatens the continuance of the Government. He urged the House to save France and balance the Budget, otherwise loans could not be raised, nor the reequipment scheme effectuated. M. Bonnet emphasised the importance of making France a sure refuge for capital. The promise of an adjournment to October 23 allayed feverish excitement in the Chamber, where every gallery was filled. Crowds were standing in a downpour of rain outside under a military police guard.

Crux of Debate. The crux Of tile debate will be Article 37, taxing civil servants' salaries and workers 6 per cent. The Socialists will determinedly oppose, and believe they can defeat the Government on these proposals. M. Daladier. who entered smiling and confident as is his wont, will submit to protracted bargaining. He will .stake the fate of the Administration on Monday's debate. He said France is already threatened. The sum of £2,625.000 had been withdrawn from the Bank of France that day. He refused to treat the Bill as a question of confidence. The debate was adjourned.