Evening star., 1928-04-30
POINCARE INDORSED
BY FRENCH VOTERS.
Rallotmg Returns Complied,
Premier Expected to
Stabilize Franc.
Ry the Associated Press,

Ry the Associated Press.
PARIS. April So.--France has IN
dorse6 Premier Raymond Polncere alld
his policy Of Stahilizing the franc by
assuring him a comfortable majority
of al least loo in the next Chamber
of Deputies,
with 0Iu results Of the balloting
Of the last two sundays compiled to-
Cav the moderate supporters of poin-
care had So6 seats in the new house.
or As more than In the former one. The
combined Socialists. Radicals and Com
muniStS captured SS7 seats. as against
2S5 in the preceding Chamber. Many
Radicals are regarded as certain TO
vote with the Poiacare union govern
ment,
A compilation issued by the ministry
a. interior this morning ON results OF
the balloting. with one constituency
missing. showed that the new Chamber
would be constituted as follows:
Republicans, las: Left Republicans.
los. Radical Republicans. SIS; Radical
Socialists 1913; Republican Socialists.
~; Socialists. I0l; Conservatives. Is;
Communists, IA; Socialist Communists.
2. RegionaliSts, s.
The Radicals lost at least a dozen
seats. and Leon Blum. leader OF the
Socialist party and an international
figure, lost his seat to a Communist
pastry cook, Jacques Duclos,
Communists Lose
The principal victims Of the battle
Of the ballots were the Communists
who lost nearly half dozen seats. The
famous "red belt Of Paris today was
regarded as q thing Of the past, Jean
GarcheTy, Albert Fournier. Valiant
CoutrieT and Andrew Marty, who is
now IN prison. being among the leaders
who met defeat.
Three of the Communists who man
aged 80 hold their seats. Jacques Doriot.
Jacques DucloS ana NJ Menetrier, are
also IN jail, prisoners Of the state. =
as the Communist organ, Humaniiie.
puts it,
They are not the only elected Deputies
III ourance vile. Two AlSatians. DR.
Ricklin and NJ. Rose, returned on the
autonomist ticket. viii be placed on trial
tomorrow at Colnlar on charges of plot
ting against the security Of the state.
RADICALS oepiore0 the defeat of Ca
mile Chautemps, former minister Of in
terror. who lost by narrow margin to
3 moderate. Paul Painleve, minister OF
war, who failed TO get majority in the
nrSt round election, won by an over
Whellning majority.
2s New Seats.
Thre are 6i2 seats In the new Cham
Der, rs compared with 584 in the former
and mooerafeS apparently captured
most Of the new mandates.
From previous declarations of Premier
Potncare, il was assumed that, assured
Of majority, he would start at once
toward stabiliEing the franc.
The first part Of the program would
ne 10 get rid OF the floating debt BY
esFF 1@ee~ s,-S..
the government can agree with bankers
on rate of issue. rate Of interest and
Gate Of reimbursement. This debt con-
Slsts Of about "a 900 900 900 francs ad-
vanced BY the Bank Of France and
something over 10000, ,000,00 francs in
short term defense bonds.
Well informed persons consider par
t1al commercialiEation Of the reparations
debt of Germany TO France and other
allies TO be the second step. In a pre-
election declaration, NJ. Poincare made
i clear that he considers this serious
possibility.
b. tins means, several billion marks
Of bonds pledged by Germany for the
payment Of reparations annuities would
become available for sale On the market.
1t has ben1x cabaslated ak least
&500 600 COO e0fHd be absorbed in by
American and EIrppean financial mar
kets. giving the French treasury $780,
o08. 900 francs "a
This sum applied to the interior sink
ing fund and to payments on foreign
debts would make the treasury much
easier and open up the perspective of
an early declining scale in the interest
charge In the French budget, which nov
amounts to more than n .O0O, 900 600
francs
Premier Poincsre has always said that
definite settlement Of war debts must
precede stabilization Therefore il is ex-
pecte6 he viii either ask Parliament to
ratzfy the Washington and London debt
agreements, or IL asked TO do so by Par
lament. endeaxor 70 reopen the oueg-
ton with a view OF obtaining better
4rrrsse