End of Democracy, Popular Front, or Ruin Paris, Jan. 13.
Two ways are now open for France, declared M. Pierre-Etienne Flandin, former Premier, commenting to-day on the present difficulties of the country, One of these would be a policy providing for exchange control, rupt ture of the tripartite monetary agreement among France, Great Britain and the United States, followed by a political dictatorship and the end of democracy.
The other solution, according to M. Flandin, would be a break in the Popular Front.
Any intermediate solution would uselessly risk and exhaust the resources of the Exchange Equalization Fund, draw on the gold reserve of the Banque de Francer and jeopardize France's prestige "abroad—Havas
Text read from the printed page and cleaned; old type leaves the occasional error.