Over Half Is Expected to Go to the Air Force Paris, Feb. 23. The French Government intends to raise a special defence fund of 3,200,000,000 francs in view of the increasingly grave international situation, usually reliable circles said to-day.
This plan was formed following yesterday's communique issued by the Foreign Office in which the Government appealed for unity and discipline in France and emphasized the necessity for speeding French rearmament, Reports abroad that 'M.
Yvon Delbos, Foreign Minister, had resigned were officially denied. The Foreign Minister yesterday explained the current state of international affairs to the Cabinet and the Foreign Affairs Commission of the Chamber of Deputies.
The special defence fund would be raised through a loan, circles close to the Government said. They expected that over half of the fund would be allocated for the improvement of the air force, while the remainder would be utilized by the army and navy.—United Press.
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