The Archive · 1938

Liberal Recovery Plan for France

New Finance Minister

Ready with Scheme te Balance Big Budget Paris, Nov. 5.

Despite delay caused by the resigna~ tion of the Finance Minister, M. Paul iMarchandeau, decree laws designed to restore the economic and financial position of the country will be issued in the "Official Gazette" before November 15, the date when the Government's plenary financial powers expire.

Authoritative circles: state that M. Edouard Daladier, the Prime Minis-ler, probably will not request further plenary powers from Parliament, Cabinet meetings, to be followed by a Ministerial Council, will be held next week to draw up a new programme for financial and economic recovery.

It is stressed that the new programme will follow liberal lines and that measures of constraint are being set aside, at least for the moment, Rumours that there will be a further Cabinet reshuhe are declared to be unfounded.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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