Evening star., 1932-12-22
|Paul-BOncOurtO to
Follow HerriOt
Policies.
STAND TAKEN
FOR PRUDENCE
New French Cabinet
Keeps us. Political
Situation in Mind.
BY the Associated Press.

BY the Associated Press.
PARIS, December 22.-Joseph
Paul-Boncour intends to follow
the policies of the Herriot govern
ment with regard to negotiations
in connection with the American
debt, he revealed today in his first
appearance as premier before the
Chamber of Deputies.
His primary objective will be a
conference to effect general set
'tlement, but he warned that the
political situation in the United
States makes it advisable to con-
duct the negotiations with the
greatest care.
The text of the declaration on
debts reads:
1.-The second of the essential
tasks imposed upon us is the gen.
eral settlement of the war debt
question. We intend to consecrate
all our efforts to that end, we
promise you"
The text OF the declaration on debts
reads:
THE second of the essential tasks
imposed upon us is the general settle
ment of the war debt question. We
intend to consecrate all our efforts to
that end, We promise you"
with the same frankness we esteem
r%Nv rnlv q c
complexity of the present political sit
uati0n in the United States, obllge our
conducting with an extreme prudence
the negotiations whose orientation was
traced out by the Chambers vote on
December 12.''
Contact Maintained.
Since that vote. communication OF
which was given the same day to the
United States Government, a contact
has happily been maintained during
the crisis by the eminent chief of the
preceding government. And we are
grateful that serious effort has been
made at Washington in an attempt to
smooth over the difficulties which have
arisen"
only too happy to seize every posi-
bility of reconciliation in viewpoints.
we will conduct the negotiations with
the firm purpose of preparing solution
of the question in its entirety, which
would put an end to the disorders which
have come, in the general economic
restoration, from the burden Of inter-
governmental debts"
"At the same time, in full accord with
the states to which France Is united by
the bonds founded on common aspira
tions and without any hindthought
with regard to others; strong in efflca-
cious friendzhip of our neighbors across
the channel-a friendship of which we
have recently received additional evi-
dent proofs-desirous of smoothing out
any difficulty which might exist with
the countries to which an ancient cul-
ture and such recent recollections bind
us, We shall strive to bring to a good
conclusion other international negotia-
tions.
These negotiations are also pressing.
On them depends in large measure the
solution of the crisis, the deep-lying
cause Of our budgetary difficulties. For
this crisis is not only of an economic
nature; it Is also Of psychological ma
ture and made up of the international
uncertainty, Of misunderstanding and
rivalries between the peoples.
Deputies Listen in Silence.
When M. Paul-Boncour slowly read
the section concerning the American
debts, the deputies listened to him in
silence, almost Indifference, and regis
tered neither approval nor disapproval.
The ministerial declaration, apart
from the question of debts. proposed
putting in order Frances finances, wip-
ing of the deficit and establishing q
budgetary balance.
Premier Paul-Boncour called for
"energetic economies" in order that
the treasury not be emptied.
When he concluded he was generally
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