Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-17
Ne " BRAND CRASH
LOOMING IN PARIS
OVER MONEY Crisis
Even Bet Placed That Pre-
mier WIN Retire Oh Defeat
Of Power Demand.
HERRIOT ATTACKS BILL
AS REACTl0NARY MOVE.
Cabinet Head Denies Blow At Re
publican Institutions and Calls
eDuels 4 Tragedy.
Nv the Associated Press.

BY the Associated Press.
PARIS, July i7.--Debate on the
bill granting the government full
power to deal with the financial stu.
alton by decreeing corrective meas
ures began In the Chamber Of Depu-
ties this afternoon.
Former Premier Herriot. leader Of
the Radical party and president Of.
the Chamber. took. the rostrum at the
opening of the sessions, and began a
speech against the bill.
The action Of the president of the
Chamber In leaving his post as i'm
partial arbiter Of the debate. and re-
sunling his place among the members
OF the Radical. Socialist group came
as 4 surprise to many.
Banks Reserve Mentioned.
Nj. Herriot began his attack after
M. de Chappedelaine had outlined the
finance committees conclusions and
asked the Chamber to ratify the gov
ernment bill quickly because only
700, 10000 francs remained for the
Bank Of France to advance to the.
state.
Herriot declared the governments
proposal for fun powers had pro-
foundly shocked all the republican
members of the Chamber, He could
not vote for the governments project.
he said He adjured the government
not to leave the Chamber outside the
decisions II proposed to take.
While he was talking bets We're
laid in the lobbies at even money
that the cabinet would fall.
New Ministry Discussed.
Prior to the session the Impression
In the Iobbies was that the chamber
was growing more and more hostile
to the government. This impression
was heightened when 1t was an
n0unced that Vice President OF the
Chamber Bouyssou would preside In
stead Of M. HelTiot
III was rnin0red IN tie Hobbies that
q Herriot Bokanowsizi Tardien minis.
try had already been framed on
paper, awaiting President Dou-
mergue's summons for a. new cabinet.
During his speech against the bill
NJ. HerTiot declared he would resign
the presidency OF the chamber IL the
powers Of the lower house were cur
tailed as the government proposed
Premier BRAND then rose to reply.
M BRAND denied energetically that
the government desired to attack re-
publican institutions He added, amid
applause from the Center and Right
benches, that an encounter between
M. Herriot and himself in the present
crisis amounted to d tragedy.
II don't know what will be the out
naFiae NJ ff1fa 6ltal ~ ha said
No. it Is not a duel, NJ. Herriot
interrupted.
Caillailx Wants Decision.
Joseph CaIIlaux, finance minister who
seeks dictatorial powers. regards the
financial situation as being so critical
that he wants an immediate decision,
even II the Chamber has to sit sun
day.
Feeling that the question cannot
rest undecided until Tuesday. which
Is the day on which It was intended
that the measure should be debated,
the cabinet decided to appeal to the
Chamber today to reverse the decision
of the Chambers finance committee
which yesterday disapproyed the
grant Of power the cabinet sought, by
a vote OF ii to Is.
The government has decided to press
ratification Of both the British and
American debt settlements before
Parliament recesses for the Summer.
Opposition Not Weakening.
Premier Brands announcement to
this effect undoubtedly has reduced
the number of the governments par.
tisans on the finance cofnittee and will
make Its task harder In the chamber,
for opposition to the Washington
agreement Is strong there and shows
no signs Of weakening.
M. Caiilaux maintains there can be
no real restoration Of French finances
and no stabilization of the franc until
these war debts have been settled.
His intimatioil that Secretary OF
the Treasury Mellon has written him
a communicated containing certain
assurances on the American debt set
tlement Is arousing keen interest
here
Although the communication has
not reached M. Caiilaux, reports of
its existence have weakened oppost-
ton to ratification pf the accord, II
was stated today in the lobbies of the
Chamber OF Deputies. The cor1nunl.
cation Is said TO contain certain salts
factory assurances regarding COM
mercialization Of the debt and pro-
visions for d transfer clause, both OF
which points have been severely
criticized here
1t was said there was no alIusion.
III the communicates to d safeguard
clause which would make French
pavnlents dependent on German rep.
arakions, III reliable circles, 1t Is felt,
however, that safeguard clause
loses much Of Its Importance Il