Word: flandin
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...about the Place de la Concorde and over the bridge to the Palais Bourbon, shouting "Save the franc!" Inside, important speeches were going on but few paid attention. Over the backs of benches, from ear to ear a whisper rustled like the echo of a thousand leaves: When was Flandin coming? When would he speak...
...into the corridors tumbled the Deputies of France, but now they had a new rumor. Crop-headed Finance Minister Germain-Martin had resigned and Premier Flandin was coming before the Chamber to beg emergency financial powers and long life to a government that had already lost the Minister most important to France's current money crisis...
...knew what they were faced with: an immediate budget deficit of ten billion francs ($658,300,000), that was causing the French franc, keystone of Europe's gold bloc, to tremble on the verge of devaluation. Either the Chamber must swallow its pride, vote extraordinary powers to the Flandin ministry or else the Cabinet must fall and France head into another inflation like that...
With his broken arm still in a cast, hulking Premier Flandin held daily bedside conferences with elderly, crop-headed Finance Minister Louis Germain-Martin and Governor Jean Tannery of the Bank of France. In 1926 white-chinned old Raymond Poincaré had been able to halt a similar crisis by increasing taxes, by floating a heavy loan on the Government tobacco monopoly. But in national prestige Premier Flandin was no Poincar...
...rescue at this point went paunchy Edouard Herriot, onetime Premier, and leader of the Radical Socialists. He promised the Goverment the full support of his party, keystone of the Flandin government. Since Premier Flandin was still too sick to face the Chamber himself, Finance Minister Germain-Martin was delegated to speak for him this week, with the following proposals...