17 NOVEMBER 1928, Page 3

M. Poincare has succeeded in forming a new Govern- ment.

Although there will be no Socialist-Radical Ministers, some members of the Socialist-Radical Party who were disgusted by the manoeuvre at the Angers Conference (by which the four Socialist-Radical Ministers of the late Government were forced to resign), have virtually decided to remain neutral. M. Poineare is therefore fairly well assured of a majority, although he will have to face a larger and more definite Opposition than before. He himself is no longer to be Minister of Finance. He has handed the office over to M. Cheron. Evidently he regards the future of the Budget as safe. He will content himself with a general supervision of finance, and for the rest devote himself to the forth- coming negotiations on Reparations.

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