| Show CABINET RESIGNS I GOES OUT FOURTH MINISTRY TO FAIL BY REASON OF POSTWAR F FINA Fl FI- NA NANCE CE DIFFICULTIES National Union Body or Herriot May Be Solution of Present Crisis Briand Ninth Cabinet M M. M May Return Paris Premier and his enIre entire en en- tire Ire cabinet resigned This was as the tho fourth French rench government and the eighth French minister of finances to tofaU fall faU by reason teason of the financial difficulties dim born of the war It was Bri ands and's ninth l cabinet M. M Peret who has been struggling valiantly at the tile head of the finance ministry started the crisis by withdrawing with drawing from office before the cabinet meeting He II Insisted on abandoning his ils post despite pleadings of the presIdent presIdent pres- pres Ident dent of the republic and the premier because bause lecause the essential support on which he had counted for a solution of f the fin financial an cia problems and the protection pro- pro I of the franc was lacking I The essential support to which M. M referred was variously ted Led according to political leanings Those close to the outgoing minister assert that he meant first the tact fact that there was no stable majority In la parliament In the tho stringent Ineas measures ures which were necessary to clear up Ul the tho situation and second to the tile differences differ differ- of opinion that had developed between the tile minister and the Dank flank of France France a and nl some of tho members of tile special committee of ot experts appointed appointed ap ap- ap pointed to r recommend comm nd d a II means menus of stabilizing the franc The socialists declare that the tho Dank Dankof of France failed utterly to support the tho minister In defense of the franc The socialists however favored using part of the tho gold reserve as ns a pledge for tor wide operations to protect the franc a policy which was little favored favor ed by the other parties The impression is that M M. M may now that the way has been cleared clear ed ell form a national union cabinet representing rep resenting all aU the tle parties in parliament In case caso he declines to undertake this tills difficult task of reconciling all aU the parties the tile return io to o power of g Edourd Herrio the socialist leader with a II cabinet cab cab- inet met form formed cd exclusively from the tile coalition coalition coa coa- of the left Is talked of while there are timid suggestions that the tile hour mn may have struck for the effective return of M. M I |
