Show FRANCE MOVES yu ES TO SAVE FRANC FRINC GOVERNMENT SETS UP MACHINERY MACHIN MACHIN- ERY TO ENACT UNLIMITED POWERS LAW Initial Steps Step Contemplate Contemplate Sharp Curtailment Cur Cur- of Expenses Ev Everywhere Dollar DoUar and Serling Quoted High for Franc Paris Spurred Spurred by sterling at M and the dollar at 41 a new low record for tor tho the franc franche the he he government has de do tided to ask sk parliament to vote ote the unlimited powers bill within forty forty- eight hours after discussion on that measure opens The cabinet I council recently ed the text of ot the bill on which M M. is working and anti It will be 00 re reo to the finance committee of the chamber with exhortation for all pos sible Bible hl haste st po so that the bill may b bready bt bP ready for tor consideration by n Tu day This however means another week delay and Increased nervousness In financial circles as well as amon mall small on the Bourse and th MS middle classes and the temper of the country appears to be rising The bill will contain only one ur ar title and one annex which explains within what limits the government Intends In Ina tends to use the unlimited powers to legislate by decree The deliberations of the cabinet council have been kept kepr secret but reliable information is I that the government demands the right to legislate on all questions ofa ofa of ofa I a purely financial nature such as fixing fix ing the rate of rat taxes and customs and the negotiation of loans the proceeds of ml might ht be bo used In defense of th the franc No decision on purely ad all ref reforms could be made under this bill |