A NEW MINISTRY

Waikato Times, Volume 117, Issue 19597, 8 June 1935, Page 7

A NEW MINISTRY

FORMED IN FRANCE.

M. LAVAL, PRIME MINISTER. A SURPRISE APPOINTMENTUnited Press Assn. —Elec. Tel. Copyright. PARIS, June 7. This morning M. Laval announced ■that he had succeeded In forming Cabinet as follows: — Prime Minister and Foreign Affairs. —M. Laval. . r Ministers without Portfolio. M*u. Herriot, Marin and Flandin. Interior. —M. Paganon. Justice. —M. Leon Berard. Finance. —M. Marcel Regnier. Marine. —M. Pletri. War. —Colonel Fabry. Education. —M. Marcombes. Commerce. —M. Georges Bonnet. Air. —General Denain. Public Works. —M. Lauren Eynac. Colonies. —M. Rollin. Merchant Marine. —M. Roustan. Labour.—M. Frossard. Pensions. —M. Maupoil. Agriculture.—M. Cathala. Health—M. Lafont. Post and Telegraphs. —M. Mandei. The surprise appointment is that of M. Regnier, who assumes the burden of the financial and economic crisis. Probably he was chosen for his experience as former rapporteur on the Budget in the Senate. His only previous Cabinet post was the Ministry or the Interior in M. Flandln’s Cabins.. M. Regnier is a lawyer by profession. The new Government extends from the Radicals to the Right group under M. Marin. 810 LOSS OF GOLD. BANK OF FRANCE'S RETURNS. £145,000,000 SINCE MARCH 29. United Press Assn. —Elec. Tel. CopyrlgniLONDON, June 6. The Daily Telegraph’s City editor states that the Bank of France’s return for the week ended May 31 showed a loss of gold totalling £64,000,000, making £145,000,000 since March 29. The latest report states that the gold efflux exceeds all expectations and cannot represent a legitimate movement of capital.

CONFIDENCE IN GOVERNMENT. EXCEPTIONAL POWERS GIVEN. PREVENT SPECULATION IN FRANG. United Press Assn. —Elec, Teh Copyright (Received June 8, 1 p.m.) PARIS, June 7. On a question of shelving all interpellations the Chamber of Deputies passed a vote of confidence in the Laval Government by 412 votes to 137, following the promulgation of a Ministerial demand for exceptional powers over a period of five months, in order to combat speculation and defend the franc.

The House adjourned after the Finance Committee had adopted the bill by 19 votes to 14. M. Boulsson was re-elected president of the Chamber by 285 votes to 259.