Paris, Jan. 17.
The Stock Exchange, including the Foreign Exchange Market, resumed to-day.
Prior to the official opening this morning, prices were at Frs. 152 for £1 and Frs, 3044. for the USS, compared' with "Thursday's closing rates of Frs. 149.50 and 29.98 respectively.
Opening rates on the Exchange Market this morning were Frs. 8 14850 for £1 and Frs. 29.90 for U.S.$1.—Havas. p this idea almost immediately when the Centrist deputy, M. Paw Rey-nand, refused to take the Financ portfolio unless the political ea position of the Cabinet extended to and included the Right group, led by M. Louis Marin. The full port of the Radicat group was al doubtful.
Communist leaders had told M. Blum that their party was willing to take part in his Government but the decision to include them was not regarded as helpful, A statement issued by the Communist Party indicated that the application of a Popular Front programme was an essential condition of their ce-operation in the forma tion of a National Unity Govern= ment.
The plan for a National Unity Government round e Popular Front, which M. Blum first had in" mind, he explained as meaning ce-option to the Popular Fre parties of men who had hitherto belonged to the Opposition, but who were known for their attachment to Democratic principles.
It was felt necessary at present to give the impression of social peace at home and national force abroad. That was why, M. Blum added, he was trying to effect national unity in conditions which would not be detrimental to Republican liberty and. social progress, nor provoke any anxiety in this regard.
Prior to the invitation to M. Blum fo form a new Government, M. Albert, Sarraut, former Premier and leader of the Radical Party, and M.
chautemps were summoned President in a consultative ad Georges Bonnet told the press that Explaining his own failure, E
the Socialist group had refused not only participation but also their. support.
Text read from the printed page and cleaned; old type leaves the occasional error.