Word: chamond
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Dates: during 1952-1952
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...quite knew why he had been invited. His name was not on the familiar, tattered guest list of acceptable Premiers. There was little in his past to indicate that Monsieur Pinay, the tanner from St. Chamond, could last long or do well...
...whole mess was an affront to the small-town businessman who stepped into the middle of it. Back home in St. Chamond, a small town (pop. 14,500) which prides itself on being the shoelace capital of France, Antoine Pinay had made his small tannery (50 employees) bigger and more profitable than when he inherited it from his father-in-law. There was no reason, he confided to an intimate, why a man could not run France the way he runs a business...
...business of governing France has vast and subtle domestic and global complications which never intruded into Pinay's leather business or crossed the mayor's desk at St. Chamond. But he tucked those toward the rear of his mind, to concentrate on the one problem which his Frenchness told him was closest to the center of France's illness. André Siegfried once remarked of the petit bourgeois that "his heart is on the left, but his pocketbook is on the right." Pinay built his policy as Premier around one object-the Frenchman's pocketbook...
Premier Antoine Pinay, a resolutely ordinary Frenchman, likes to think of France as a large-scale model of Saint-Chamond (pop. 15,000), his industrious little home town (its chief product: shoelaces) near Lyons. As often as he can, Pinay locks his desk in the Hotel Matignon, his official Paris residence, and slips away to look over the prosperous tannery he still owns in Saint-Chamond, and to chat with local shopkeepers and housewives about the problem on whose solution he has staked his political future: how to cut prices, hold back inflation. Recently, le petit Premier made a startling...
Last week, in the magazine Realties, Pinay reported on some experiments, conducted by a staff of economists, which confirmed his own findings at Saint-Chamond...