Word: flandin
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Dates: during 1930-1939
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More than this, the Premier would not say, but it was enough to frighten bear raiders who might have attacked the franc this week, after cleaning up on the belga (TIME, April 8). In Paris rumor had it that Premier Flandin will put gold "Louis" into the public's itching palm only when paying interest on French Government bonds. He might, Paris guessed, make the interest optional, say 3% paid in gold or 4½% in paper, whichever the bondholder elected...
...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...
That situation Premier Flandin handled, as well as he could, by sending France's Minister of Commerce Paul Marchandeau to Brussels this week. There M. Marchandeau will tell Belgian Premier Paul van Zeeland that France, unable to permit Belgium to flood her with goods at devaluation prices, must follow Great Britain in upping tariffs against Belgium. In the French Chamber, despite a croak from No. 1 French Socialist Leon Blum, the Deputies of France voted rousing gold standard confidence in the Flandin Government...
...Every Precaution." This smash vote, which sent Parliament home for Easter, was not obtained until Premier Flandin had also taken measures of extreme seventy to protect France from possible unexpected German attack...
Benito Mussolini has already mobilized over 600,000 Italian troops and militia since Herr Hitler started raising a German conscript army in violation of the Treaty of Versailles (TIME, March 25) Last week M. Flandin decided that French youths of the class which has just finished its military training shall not return to their homes but remain under arms until further orders. Newly trustful of Italy since the Mussolini-Laval accord (TIME, Jan. 14), France withdrew nearly 30,000 troops last week from her mountainous Italian frontier, sent them scurrying cross-country to the pleasant valleys and leafy woods Germans...