Word: bonneted
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Dates: during 1930-1939
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...Senate seemed more than ready to vote to moderates like Chautemps & Bonnet full powers to deal-with the French crisis which they had been unwilling to give to radicals like Blum & Auriol, but it was an exciting question last week whether the Chamber, which had twice supported Blum & Auriol on this issue, would now support Chautemps & Bonnet...
...Downing Street received frantic word from the Quai d'Orsay that Premier Chautemps, in order to get his Cabinet over its first rocks in the Chamber, must be able to tell French Communists that he was successfully staving off this British gesture toward Franco. In this appeal Chautemps & Bonnet-who was on the telephone to London almost hourly seeking support for the franc- succeeded for the duration of the week, and French Communist Leader Jean Duclos announced in the Chamber that his followers would vote for the new Popular Front Government. It won its decree measure...
...Deserters of the Franc." There were 3,636 tons of gold in the Bank of France when the Popular Front took office last year, and of these only 2,504 tons remained last week, dramatically revealed new Finance Minister Georges Bonnet...
Moreover, there were only 20,000,000 paper francs left in the Treasury, said M. Bonnet, and if 400,000,000 francs had not immediately been forthcoming from savings banks. "Treasury payments would have ceased." As to the profits realized by M. Auriol from his devaluation of the franc last year and used by the Treasury to defend its currency, these are exhausted, and M. Bonnet tersely declared: "It is impossible to hold the franc at its present rate...
...precaution against panic, French exchanges had already been closed. In Paris frightened French who wanted to exchange francs for foreign currency were refused, and banks halted exchange operations in francs altogether, except that foreign tourists were sold what they needed. Declared the emergency bill promptly introduced by M. Bonnet and promptly enacted: "Such a situation cannot be prolonged without compromising our financial independence, our military security, our social gains and the economic recovery of France...