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...extreme gravity of the present fiscal crisis in France (TIME, Dec. 28 et ante) was again made evident last week by the failure of Premier Briand and Finance Minister Doumer to secure the unanimous support of the Cabinet for M. Doumer's fiscal program for the coming year...

Author: /time Magazine | Title: FRANCE: Chaos | 1/4/1926 | See Source »

...interminable dickering and wrangling ensued behind closed doors. Despatches reported that the causes of dissension within the Government itself were two: 1) The refusal of the Cartellist Ministers,* headed by Minister of the Interior Chautemps, to approve the heavy increase in indirect taxation which is the keynote of M. Doumer's scheme. 2) The alleged success of M. Herriot in bringing M. Blum, the leader of the Unified Socialists (TIME, Nov. 23) back into the Cartel. Since the present Briand Government was formed on the basis of a majority in the Chamber which depended upon the Blum faction's having...

Author: /time Magazine | Title: FRANCE: Chaos | 1/4/1926 | See Source »

Premier Briand, whatever his preparatory duplicities, pledged his entire Cabinet to stand or fall by M. Doumer's projected fiscal program, in an address to 150 Deputies: "This time I will not change my Minister of Finance. If you defeat Doumer you will not hear from me again. I will withdraw from politics and you may then settle your account with the country...

Author: /time Magazine | Title: FRANCE: Briand, Doumer & Co. | 12/28/1925 | See Source »

After this defiance Briand and Doumer were reported to have ensconced themselves in privacy and pondered well plans for "indirect taxation," which it is hoped will prove more acceptable to the Deputies and the electorate than M. Loucheur's scheme to extract eight billion francs a year from such direct and obnoxious sources as an increased tax on wine, tobacco and incomes...

Author: /time Magazine | Title: FRANCE: Briand, Doumer & Co. | 12/28/1925 | See Source »

Friends of Briand and Doumer recalled that in 1921 they stood in the same mutual relation as at present: Premier and Finance Minister. At that period the budget was voted by the end of the year for the first and only time since the War, and the cost of living fell and the franc rallied notably. Subsequently M. Briand lost power and prestige owing to his failure to achieve at Cannes the "security" which he has just brought home in triumph from Locarno...

Author: /time Magazine | Title: FRANCE: Briand, Doumer & Co. | 12/28/1925 | See Source »

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