Salt Lake Telegram | 1937-10-25 | Page 4 | Belgian Premier, Cabinet Quit in 'Technical' Banking Crisis

Belgian Premier, Cabinet Quit In Technical' Banking Crisis . 5 1 V BRUSSELS. Oct. W (UP) The Belgian cabinet, headed by Premier Paul Van Zeeland. reaigntd today because of a crisis caused by opposition oppo-sition rhsrges of mismanagement of tht Bank of Belgium. The crisis threatened to delay the nine-power treaty conference on the orient, scheduled to start here on i Saturday, unleas a new government Us formed before then. J Premier Van Zeeland Informed .the cabinet at a meeting late today I that he wished to resign. The ministers min-isters agreed to Join him and the premier presented ths collective resignation at the royal palare. It waa expected Finance Minister Henri de Man. who earlier had con-' con-' ferred with the king, would be asked 'to form a new cabinet. Van Zetland was expected to 1 make a radio apeech to the nation 'defining his position. The resignation gives five days in which to reform the cabinet in time for the official Inauguration by the Belgian government as host jof the far eastern conference, called by League of Nations members who tare signstories to the nine-power (treaty supposed to guarantee China's political and territorial Integrity. In-tegrity. But it waa still uncertain that the crisis could be liquidated by .Saturday .Satur-day and the possibility remained that the conference might be de-layed. de-layed. The crisis Is purely a technical one It la the rlirJUx to a five-year political dispute over methods of managing the national bank. Van Zeeland is not involved personally in the opposition charges of mismanagement. PREMIER VAN ZEELAND I Parley may bo delayed