In a speech which the Senal evidently regarded as the funeral oration of the Popular Front, M. Gardey. rapporteur of the Budget Commission, declared yesterday that the reason the Senate was reluctant to accord plenary powers to M.
Blum's government, but was ready to give them to the new government, was because the former would have. used those powers for coercion and nationalization rether than national recovery, It was calumny, he continued, to say that the Senate was not disposed to fight speculation, but the Senate did demand a balanced Budget and had found that M. Blum's government was borrowing to the hilt for Treasury requirements, The Socialists swallowed their medicine grudgingly and M. Vinci Auriol, the former Finance Minister, walked out at the Senate's proposal to. placard M. QGardey's speech. The sitting was then suspended. On resumption, M, Gardey asked for the withdrawal of the proposal as it might endanger the friendly feeling between. the two Houses.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.