Evening star., 1932-12-30
TAKES
HOLIDAY At PARIS
Adjourns Till January 10
After Voting $14,000,0 900
Loan to Austria.
BY the Associated Press.

by the ASSOCldteQ fTeSS
PARIS, December 30.-Parliament
adjourned today until January 10 after
both houses had approved a govern
ment proposal to participate to the
extent of $14,ooo,ooo in a loan to
Austria.
The Chamber Of Deputies, by vote
Of 351 to 1877, last night had authorized
the government to participate in the
projected reconstruction loan.
This action was taken over the OBJ
jections Of q group of deputies who
money to Austria when only two weeks
ago she refused to make the war debt
interest payment Of approximately $l9,-
900, 900 due the United States
Former Premier Herriot, who was
respons BILE for French policy on the
Austrian loan question when he headed
the government, vigorously defended II
before the Chamber.
One of the principal opponents of
the action was Deputy Henry Haye,
who said:
1.-TWO weeks ago we refused to pay
500, 100000 francs to those to whom we
350.000, 900 to those to whom we owe
nothing?
Marin Also Opposes Loan.
A similar argument was advanced by
who led the opposition to the Decem-
ber Is payment to the United States.
How could we lend to Austria after
our gesture toward the United States,
our ally who fought on our side?" M.
Marin asked.
He expressed the belief that the $l4.-
100000 would be money lost, Of which
the lenders would not get back sou.
Premier Joseph Paul-Boncour. ap-
pealing for a favorable vote, said the
lean was necessary for the stability OF
Central Europe.
The Senate also considered financial
measures, voting in favor Of a 5000, ,000,-
600 franc (about $195, ,000,000) issue of
treasury bonds requested by the govern
ment as provisional credits for January.
The Senate also went on record in favor
an army purchasing board instead OF
creating a wheat bureau.
Insists on Paying U. S.
American debt of December is ought
to have been paid, former Premier Her
riot, rendering an account OF his
stewardship to 5000 Paris Radical So
cialists, said:
Il agree that the American Govern
ment ought to be approached to bring
it to modify its viewpoint, but legally
we have no right to withhold payment
Tho dav will come when the people will
be glad a government and a party
resisted the wave OF general opinion"
Referring to the Lausanne Repara-
tions Conference, M. Herriot said it
had made a start toward extricating the
world from its difficulties, hoping that
America would join, but each party
reserved liberty IN the event OF Americas
refusing to collaborate.
MY plan" he continued, "was te
form a united front of the European
nations. am much afraid now that
front will be broken"
The Austrian loan was recommended
by the League Of Nations. France
Great Britain, Italy, Switzerland, Hol-
land and Belgium among them were tc
provide about S43,000,000. The pur-
pose of the loan is to save Austria from
its perilous financial condition.
Earlier this week the French wheat
measure was before the Chamber o1
Deputies, which authorized the govern.
ment to advance up to 300, 900 00C
francs (about $11 700 .000) to a National
Agricultural Credit Association for one
year to finance the wheat crop. The
purpose was to help raise the price Of
the grain