Paris, Mar. 1.
Figures, showing how successfully France's financial problems were being met, were given in a broadcast yesterday by the Minister of Finance, M. Paul Reynaud, At the same time he added: "Our evil is economic. France is producing less, and consuming the same,"
M. Reynaud emphasized the hardship almost all classes would suffer by/fising prices, and tht danger of inflation that would result, It was to fight this evil, he said, that the Government had passed today's decrees, only one of which enabled France to mobilize her reserve for payments abroad and at home.
The gold stock would be revalued but the value of the franc would remain unchanged.
All other decrees, said the Finance Minister, were economic, and their essential object was to increase production. t M, Reynaud announced that in a few days, a start would be made on a census for ration cards. "Privation is essential in wartime," he declared. "Every act of self-sacrifice is a shot fired at the enemy.'
Speaking of the Franco-British financial agreement, Mr. Reynaud said that this was the seed of a future organization of Europe, and the field of its application ought to be extended. In a stirring peroration, the Minister of Finance declared: "We shall not lose the peace of the common victory of Britain and France, as we did that of 1918."—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.