Word: devaluationist
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...only King Leopold but also Professor Paul van Zeeland, the "New Deal'' devaluationist Premier of Belgium, today frankly regard everything else as secondary to the menace of a Germany which is putting over one secret deal after another with Britain, the first to tear up the naval clauses of the Treaty of Versailles (TIME, June 24), the second to tear up the air armament clauses (TIME, Jan. 6), and perhaps others suspected in Belgium but as yet undisclosed. Since King Leopold's sister is the Crown Princess of Italy, family ties make His Majesty a pleader...
...French Chamber Finance Committee last week Premier Flandin fought a sharp verbal duel with the No.1 French devaluationist, M. Paul Reynaud, who crowed: "I point to devaluation of the belga as evidence of the soundness of my position. It indicates that the gold bloc countries cannot go on indefinitely handicapping themselves in trade. This morning in Paris I can buy for 92 francs Belgian goods that cost 120 francs before the belga was devalued...
Belgium. Tall, curly-haired young King Leopold III faced the first grave crisis of his reign last week when the Catholic-Liberal Coalition Cabinet of patrician old Premier Count Charles de Broqueville was upset by that fiery anti-inflationist and anti-devaluationist Finance Minister Gustave...
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