Word: edouard
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Today, two short years afterward, France has squandered her surplus and faces a budgetary deficit of more than 10½ billion francs. Last month, when Premier Joseph Paul-Boncour succeeded Edouard Herriot, he begged Papa Chéron to come out of retirement and roll up a surplus again. After solemn thought (and probably some chest thumping) Chéron of Lisieux is Finance Minister again. Last week at a painful Cabinet session he told Premier Paul-Boncour & Ministers exactly what bitter pills must be swallowed if France is to have a sound, balanced budget again...
...Senate old General Auguste Edouard Hirschauer cried, quivering with emotion: "I cannot vote this bill!-considering that a fortnight ago we refused to pay America, and yet American soldiers fought admirably to defend our soil, as I can testify!" Unmoved, the Senate voted the Austrian loan 14440-68, after which Chamber & Senate adjourned...
...still a prisoner of Britain in the Poona jail and his Indian followers are quiescent if not quiet. Pierre Laval, 1931's Man of the Year, was swept out of the premiership of France last February, is today only a Senator without portfolio. The May elections put Edouard Herriot into power for six months but fortnight ago he and his Ministry went crashing out on the issue of paying the U. S. War Debt...
Meanwhile gallant Premier-reject Edouard Herriot, who went down fighting for payment to the U. S. when the Chamber overthrew his Cabinet (TIME, Dec. 26), received last week the most flabbergasting surprise of his life. As M. Herriot said not long ago: "Half the skill of being Premier of France lies in knowing how to fall!" but last week he learned that he need not have fallen, need never have raised the debt issue in the Chamber, need not have worried about it all those months...
...dealer, bald Edouard Jonas, Conseiller du Commerce Exterieur de la France, Expert Conseil du Gouverne-ment, has had a brilliant career. An expert in the graceful decadence of the 18th Century, he owns a gallery on the smartest corner in Paris, Place Vendome & Rue Castiglione. He has been appointed director of the Government's new Cognacq-Jay Museum of 18th Century paintings and antiques.* He married the former wife of Cigar Store Tycoon David Schulte, and until six months ago he operated a large and very elaborate shop in New York...