The Socialist Party has issued manifesto declaring its readiness collaborate with the democratic 2 parties which it has always helped and supported, but, as far as. col-Inboration with the Government concerned, it cannot submit to apportionment of the ministerial pert-folios in accordance with parliament.
M, Loucheur's taxation proposals, offsetting the increase of note issu, are estimated to produce 3,000,000, 000 francs. They inc tide a 20 per cent. income tax, a tax of 50 per cent, each on property profits and securities.
The measures propose to enforce immediate payment of taxation arrears, while the new taxes wilh be collected within four months on penalty of 10 per cent.
The bill does not provide increases in indirect taxes.
The Soctalists and Communists voted against discussion of the finance Dill.
Later, in spite of Bf. Loucheur's opposition, the Chamber passed new articles increasing by 20 per cent. the tax on sales of property to for-
Frane Recovers Slightly London, Nov. 21.
The franc in London to-day ope 123-16/16 as compared with Tt is not certain whether the improvement is due to official support, Dee. 1, continental buying or a belief that the difficulty of forming a French Cabinet will be overcome—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.