1935-07-02

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VICTORY FOR M. LAVAL MR. MACDONALD

Special Powers Voted

(Special Air Mail Service)

London, June 14. At 1.15 on Saturday the French Chamber accorded to the new Government of M. Laval, the ape- clal powers asked for to deal with the financial and economic situa- tion. The figures were as fol. Lows:-

For the Government Against

324 180

Government majority ... 181 M. Laval had completed his Ca- binet less than 24 hours before the

Sets A Precedent

(Special Air Mall Service?

London, June 14.

Mr. MacDonald has, I believe, established an interesting pre- cedent by accepting a seat in ther Cabinet of his immediate succes-

to the tribune to read his Minis-sor, writes a correspondent. | terial declaration, which was one of the shortest and least explicit on record. The House was crowded, but it showed no enthusiasm for the new Prime Minister,?

Lord Melbourne formed the 1935 In the last hundred years-since

Administration-there has been no such case of a Prime Minister tak- ing a less exalted place in what is virtually the continuance of the same Administration under an- other head,

The declaration said that the Government had been formed to combat speculation and to defend the franc.. They needed the means The late Lord Oxford Indignantly. of action. but the powers they ask-refused in December, 1916, to take ed for respected the politicar and the Woolsack, or to serve "under" organic statutes of the country. Mr. Lloyd George, Mr. Balfour, or Parliament had freely given such Mr. Bonar Law. Mr. MacDonald powers in less troubled times. The has set such panctillos aside. There state of the public finances was is no obvious reason-except a the only danger to the franc; but false sense of dignity-why an ex- there must álso fort to stimulate the national ary post especially in a National be, an ef- Premier should not take a second- economy, and this was the final ob- Government. Jective. As for the methods to be

"Mr. Balfour did so in the Coall- used, the declaration referred Intion Ministries. of Mr, Asquith and general terms to reorganized mar-Mr. Lloyd George. But in his case Senator and a specialist in fin-keting, the encouragement of in-a long interval had elapsed since ance. He was formerly rapporteur with the Colonies, and measures

ternational trade, closer relations his Premiership.

vote was taken. The vacancy most i dufcult to fill, as 'might be sup- posed, was that of the Finance Minister. At a late hour on Thurs day there was some danger that M. Laval's combination might be split on that rock. The appointment of M. Regnier is a guarantee of fin- fancial orthodoxy." M. Regnier is a

against unemployment. I con-

to the Finance Committee of the Senate, and it was he who, in a series of reports, first drew atten-clusion, it said that France had known worse trials, referred to her prestige abroad, and appealed to the Deputies not to endanger 'the continuity of French foreign po- *lley.

ture

tion to the need for drastic econo- mles after the growth of expendi- under M. Tardieu in 1928. His presence at the Ministry of Finance should satisfy the Bank of France.

LIMITED POWERS

In his negociations with the ex- ecutive committee of the Radical Party on Thursday (after dissen- son in the group had been patched up by the efforis of M. Herriot and Chautemps) M. Laval said that he would ask the Chamber for spe- cial powers, but would limit them

"the prevention of speculation and the defence of the currency a formula which met with the Radicals' approval Having secur- ed his majority M. Laval will pass financial legislation until October 31 by decrees which must be rati- ded by Parliament before Decem ber 31. He will not interfere with the prerogatives of Parliament in matters not connected with An- ance, and he will not send Deputies too brusquely into adojournment.

It would be too much to say that M. Laval's success in forming a Government so similar to that of M. Flandin and so unlikely to offer an alternative financial policy has been received with pleasure by De- puties as a whole, though many may feel reller at the end of a deadlock which was beginning to arouse public resentment Outside Pallament M. Laval will enjoy the provisional approval of circles which looked askance at M. Flan- din's "long-term economic policy with its hints of compulsory rear- ganization in the financial and in- dustrial fields. He must, however, count on the steady hostility of the Socialists, who are now, throwing themselves into a campaign for the establishment of "proportional re- presentation" to be followed by the dissolution of Parliament.

STATEMENT OF

POLICY

The debate in the Chamber be- gan at 6 pm. when M. Laval went

• RARE OCCURRENCE · Very rarely do father and sen sit in the same Cabinet, as Mr. MacDonald and his son, Mr. Ma!- colm MacDonald, do

The last instance was when Mr. Joseph Chamberlain and his son

For art earlier éxample one has to go back to the two administrations of Lord Derby in 1858 and 1866. His son, Lord Stanley, was Secre-. tary for India In the former, ané Foreign Secretary in the latter Ad- ministration.

Austen (now Sir Auster) sat in Mr. The Chamber showed more in- Balfour's Cabinet as Colonial Se- terest in a vigorous speech by M. | cretary and Postmaster-General Dest, the neo-Socialist leader, in Į respectively. That was just over 30 which he stigmatized the conflict years ago, between what he called the legal power and the real power in the country. The latter, he said. was centred in the Bank of France. M. Deat gave an instance in which he said that the Bank of France. which was refusing to discount the Treasury bonds, gave special facil-. it'es to industrial concerns control- led by one of its regents. It was, he declared, a crying scandal that the State should be threatened with financial strangulation while doubtful transactions were freely carried on in private industry.

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The present Lord Salisbury waS Under-Secretary of Foreign Affairs when his distinguished father held the Premiership and the Foreign Secretaryship combined. But neither he nor Mr. Herbert Glad- stone reaching the Cabinet till their fathers had retired.

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THE KING'S PERSONAL STAFF

The baronies conferred on Bir Frederick Ponsonby and Sir Clive Wigram are a mark of the King's personal gratitude to his Treasurer and Private Secretary.

It was on them that the main burden of organising the ̈ ̈ cere". monial Jubilee arrangements fell, and the King has made no secret. of his pleasure at their success.

Both are old servants of the Royal family. Sir Frederick Pon- sonby became assistant private secretary to Queen Victoria in 1894, and Has thus served three savereigns in the last 41 years.

Bir Clive Wigram has spent 25 years with the King, whom he joined on his accession

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