Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-22
PO|NCARE TACKLES
TASK OF FORMING.
COALITION CABINET
Selection of Premier Leads to
ConfidenCe-FranC ReCov-
erS From Sharp Decline.
NEW MINISTRY TO HAVE
MINIMUM OF MEMBERS
Herriot Beaten in First Test in
Chamber When Fiscal Pro-
gram Is Presented,
Rr the Associated Press.

PARIS, july Z2.-1he DurQen Oh
saving the franc was borne today by
Raymond PoincaTe, almost the only
French statesman of note who has
not been tried as premier during the
past two years of financial stress.
The two-day-old ministry of Edouard
Herriot was defeated upon its first
appearance in the Chamber of Depu.
ties last night by vote of 29O to 237.
There was an occasional cry of "On
TO the Elysee"' and boots came from
a crowd of about 5000 gathered In
front of the Palais Bourbon as Her
riots ministry was making its dec
laration of policy for the rehabilita-
tion of the franc and amelioration
generally of the financial crisis.
After Nj. Herriot and his ministers
had rendered their designations to
President Doumergue at the Elysee
Palace, NJ. Poincare, former premier,
was called upon by the President to
form a national ministry"
The task was accepted.
Coalition Widely Sought.
The decision of President Doumer-
que to have national ministry was
out of Difference to a general desire
lie. 1t will be made up Of members
of as many of the political parties
as it is possible to bring together.
Notwithstanding the downfall of the
Herriot government, Anatole de Mon
zie, Herriot's minister of finance,
succeeded in having passed by both
chambers of Parliament a bill au-
thorizing the transfer to the Bank Of
France the available balance of $685..
nf hn nriu~f nj
loan obtained from j. p. Morgan G.
co. of New York. This measure
will serve 10 relieve the strain on
the treasury.
NJ. DE Monzie, who is to hold the
finance ministry portfolio until the
new cabinet is formed by NJ. Poincare,
said in the Chamber that If his de-
mand was refused she would instruct
the Bank of France to realize dollars
on the Morgan loan in the open ex-
change market to meet the press
ing needs of the treasury.
Il have the right to do this" NJ.
De Monte exclaimed. Even If l
have not, you may send me to the
high court"
POincare Widely Favored.
While many politicians, particular
ly of the Left, look askance at the
man of the Ruhr," as NJ. Poincare
is called, there is no doubt his choice
as premier corresponds with the
view of large sections of the general
public.
The collapse of the Herriot minis
try cleared the political atmosphere
like magic. AS soon as the vote was
announced a delegation Of deputies
asking for a national ministry visited
the President They were followed
by a deputation from the Wounded
Var Veterans Association on a sim
liar errand.
NJ. Poincare, it is understood, in
tends to set an example of economy
and efficiency by having as few min
listers as possible.
A tentative cabinet list, circulated
in the Senate lobbies, had NJ. Poin-
care dis his own finance minister and
Aristide BRAND as foreign minister.
BRAND resigned as premier last Sat
urday when Herriot forced the re-
lection by Parliament of dictatorial
powers sought for Brands finance
minister, Joseph Caillaux.
Herriot Post Is Open.
In the Hobbies, the question of Her
riots successor as president of the
Chamber caused considerable discus
sion. The leading candidate at noon
seemed to be Raoul Peret, former
finance minister, who presided over
the debates from 1920 to 1924.
A group of radical Socialists asked
VI. Herriott TO stand for the post
again, but he declined, saying he
wished to preserve the independence
he assumed on Saturday, when he
stepped from the chair to take part
in the Chamber debate.
NJ Poincare started his endeavors
by calling on former Premiers BRAND
and Herriot and former Foreign Min
lister de Selves. Returning home, he
received a delegation from the parlai-
mentary group which favors a ma
tional union" cabinet.
Later he was to receive Albert Sar-
raut, who was one OF the delegates to
the Washington conference in 1921,
and the heads of the party groups In
the Senate.
Things are going WELL" was all
that Poincare would say to the news
paper men, 1t is understood he hopes
RAPIDLY to form a ministry compris-
ing four Senators and four or FIVE dep
uties.
VIII Reduce Secretaries.
M. Poincare has let it be known
that he intends to dispense with all
the undersecretaryshi which figured
in M. Herriots short-lived ministry.
He gave the impression that the cabi-
net might be constituted early this
afternoon. NJ Robineau, former gov
ernor of the Bank of France, called
at Poincare's home this morning dur
ing the absence of the premier
designate.
Several deputies arriving at the
house let it be known that, while
strongly favoring Poincare's inclu-
sion in the new ministry, they feared
that If he assumed the premiership
Il would revive political passions in
the chamber, inasmuch as he was
premier for the National e bloc just
prior to the elections of May IL, 1924,
which resulted in the assumption of
power by Herriot and the Left cartel.
This tended to diminish the optimistic
forecast that the present crisis would
be solved within few hours.
At the close of his morning con-
sultations NJ. Poincare had a brief
interview with President Doumergue
to report on his progress. 1t is under
stood he insisted he must be both pre-
n1ier and finance minister in order to
have sufficient authority to effect
necessary economies and rehabilitate
the franc.
The franc opened nearly two points
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