Word: clementel
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...Berlin, Samson Koerner, heavyweight champion pugilist of Germany, stood upon a railroad platform, about to depart for Leipzig to box Champion Clementel of Switzerland. His sparring partner, one Max Dickmann, wished him aufwiedersehen, put his arms about him, gave him a hug. One of Koerner's ribs snapped. The bout was postponed...
...Etienne Clementel mounted the tribune of the Senate. . . . There was eager attention. First, he announced the obvious fact that France had erred previously by placing too much hope in German reparations payments. Then he warmed to his subject. He pointed out that many of the bank notes now in circulation were being hoarded by the people, advocated a new note issue to replace the old. He pointed out that, before the War, the note and metal circulation was 11,500,000,000 francs; that, since the value of the franc...
...Clementel, prepared for this reaction, attempted to scotch it on the spot. He declared that the extra currency was wanted for commercial purposes, that it would not be used to pay the Governments cash deficit, because, for the first time since the War, the Government has a balanced budget which takes into account every expenditure.* When Premier Herriot heard the news, he rushed to the Senate, met M. Clementel in a corridor, had a hot, short, strong talk with him. The result was that the Finance Minister remounted the tribune and toid the Senators in effect that he had been...
Premier Herriot himself then mounted the tribune, explained what a sincere, simple chap M. Clementel was, how valuable his services had been to the Government and France, but condemned him out of hand for overstepping his authority and misrepresenting the Government, without, however, denying what the Finance Minister had said. His speech was a model of equivocation. He assured the Senate signifi- cantly that he would introduce a bill for the improvement of the Treasury's (Bank of France's) position...
...Clementel had no alternative but to resign after his painful experience in the Senate. This he promptly did. Premier Herriot allegedly offered the vacant Ministry to M. Louis Loucheur, prominent and influential industrialist, but the latter refused it. The post was next offered to Senator Anatole de Monzie, an ardent Catholic and a prominent henchman of the Government in the recognition negotiations with Russia. The Finance Ministry was accepted by M. de Monzie on the understanding that the Government drop opposition to the Vatican Embassy. The Premier compromised on this question by stating that the Government would permit the representative...