The recourse to inflation implied by the new borrowing from the Bank of France up to Frs. 10,000,000,000 arouses slight criticism on the grounds that it can only be supported it confidence is really restored and there is a strong revival of investment activity and industry. In this connection, therefore, considerable importance is attached to the Government's settlement of the strike in the aircraft industry on the grounds that it may soon sound the death knell of the 44-hour week.
The situation in the. engineering and aircraft industries is rapidly returning to normal following the settlement, The Peugeot motor-car factory here, one of many concerns affected by the recent strike, was in full operation again this morning with the return of all workers to their labours, Terms of the agreement include an increase in pay.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.