THE FRENCH CRISIS

Wanganui Chronicle, Volume LXXXII, Issue 19442, 30 October 1925, Page 7

THE FRENCH CRISIS

NEW CABINET FORMED PAINLEVE ACCEPTS PREMIERSHIP. jjriand to be foreign MINISTER W Telegraph—Per Press Assn.—Copyright. PARIS, Oct. 28. M. Painleve has accepted the Premiership. 11. Briand remains Foreign MiiUter. \ A BUSY NIGHT CABINET-MAKING DIFFICULTIES Received Oct. 29, 7.20 p.m. LONDON, Oct. 29. M. Painleve has been busy all night long trying to form a Cabinet. It is considered likely, in view of events in Syria and Morocco, that he will retain the War Ministry and seek another Finance Minister. FRANC DOWN TO 116.35 Received October 29. 11.20 p.m. PARIS, Oct. 28. The franc is quoted at 116.35 to the pound. SOCIALIST PARTIES COME TOGETHER A UNITED FRONT. Received October 29, 11.20 p.m. (Reuter). PARIS, Oct. 28. Following separate meetings during »he morning, a cartel comprising Radi-al-Socialists, Gauchc-Radicals, Repub-lican-Socialists and Socialists patched up their differences and agreed on general terms for a joint policy on the jams of fche cartel's programme at the ast election, namely M. Herriot’s oolicy. It is noteworthy that as regards finance the cartel resolved In favour of a tax on acquired wealth for the purpose of obtaining necessary funds, the Socialists acquiescing in this compromise formula, which does not specify their panacea, a capital levy.— Xus.-X.Z. Cable Assn.