Word: cartelism
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...countries in the territories of the other. France scores by finding a greater outlet for the commodities of which she has a superabundance and at the same time facilitating the entry of products that are badly needed, a fact that goes far to favor the Franco-German industrial cartel. Germany wins several points: 1) She secured a much needed outlet for her industrial products. 2) She obtained equal trade treatment, which she did not expect. 3) She forced the French to reaffirm their renunciation, made at the time of the London Conference (TIME, Sept. 1, 8, 1924), of their right...
Industrial Crisis. Last week, due to the higher cost of francs, U. S. importers canceled large orders for French laces. Steel importers canceled so many orders that the Cartel d'Acier (French Steel Trust) cut production scales to 2,000 tons monthly from 10,000 tons. Similar curtailments in other lines threw some 30,000 Frenchmen out of work during the past month...
...General Szeptycki, a blustering fellow, is known for his many quarrels. Two years ago he tried to force Marshal Pilsudski into a cartel but the Marshal indignantly refused...
French Reaction. Deputies of the Cartel des Gauches (coalition of the Left, which holds whatever balance of power may be said to exist in the French Chamber) immediately showed themselves hostile to the settlement...
...week. One was the bland and moon-faced M. Christian G. Rakovsky, Soviet Ambassador to France. The other was the vital, curly-haired Mayor of Lyons, M. Edouard Herriot, President of the Chamber of Deputies, former Premier, and still leader of the most potent political bloc in France, Le Cartel des Gauches (coalition of Left Parties...