Monday, Jan. 07, 1924
Poincar
Premier Poincare adjourned abruptly the session of the Chamber of Deputies until Jan. 8 after a heated and adversely critical discussion of the Premier's Ruhr policy.
The chief speaker was Deputy Paul Reynaud, a disciple of the Clemenceau faction in the Chamber which is led by M. Andre Tardieu. He wanted a policy of cooeperation with Germany and a share of the profits of the Ruhr. He suggested that private interests were securing capital that the State should acquire. "I think," said he, "that we would be wrong to let pass the occasion for Franco-German cooperation, even if it is imposed by force."
Said Premier Poincare: "We are in the Ruhr and we are no longer asking."
M. Reynaud, who continued his harangue for two hours, said that there was forever talk of reparations and security and nothing was ever settled, consequently the franc was forever depreciating. He then traversed much familiar ground in discussing the geographical situation of coal and iron mines on both sides of the Franco-German frontier.
In conclusion he roundly accused the U. S. of being responsible for the present conditions in Europe: "America weighs upon England's shoulders, England weighs on ours, and we are a burden to Germany's. This is a strangely impressive pyramid. America will never relieve us of paying off what we owe her. The American elections are coming next year, with the candidates pledged to ex-combatants' indemnities representing a capital of $20,000,000,000, and it is we who are to pay this."
M. Herriot, leader of the Socialist bloc, was adversely criticized for having no policy on the Ruhr problem, to which he replied: "I would quickly follow another policy which would allow me as soon as possible to substitute for this guarantee of payment another less precarious."