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Purse-heavy U. S. citizens exchanged fat dollars at Paris for 34½ lean francs each-only an odd franc less than during the low-for-all-time slump (TIME...

Author: /time Magazine | Title: FRANCE: Fiscal Brink | 6/21/1926 | See Source »

Worried Frenchmen grew panicky as Finance Minister Péret offered to resign, since even his use of the long-boarded Morgan loan (TIME, May 31) had failed to stabilize the franc. President Doumergue and Premier Briand conferred, decided that M. Péret must continue his efforts...

Author: /time Magazine | Title: FRANCE: Fiscal Brink | 6/21/1926 | See Source »

Premier Aristide Briand carried on last week with the support of his unprecedented "majority of enemies." (TIME, June 7.) Though a member of the Republican Socialist party, M. Briand found himself supported by the Right (including even the ultra-reactionary Royalists) in his efforts to save the franc; while the Left majority which confirmed his Cabinet in office (TIME, March 29) deserted him, and its leaders charged that he was placing France at the mercy of bloodsucking international financiers...

Author: /time Magazine | Title: FRANCE: Finance, Locarno | 6/14/1926 | See Source »

...upshot was that the wily Aristide secured further postponement of debate on Government fiscal activities by a vote of 313 (Right and Centre) against 147 (Socialists and Communists). He proceeded at once with exchange manipulations to steady the franc, being guided by the advice of a committee of fiscal experts. The franc, perverse, declined slightly, rendering his position acutely delicate...

Author: /time Magazine | Title: FRANCE: Finance, Locarno | 6/14/1926 | See Source »

Rumors circulated the thought that M. Briand would attempt to draw support from this unstable "majority of enemies" in an effort to gain at least temporary backing for his "save the franc" program. During this hectic week, Premier Briand found time to deny once more that he is engaged to be married?after 64 years of bachelorhood. He told reporters of three young Manhattan women who recently sent him a joint proposal?he to choose from their inclosed photographs which he preferred to wed. "I deemed their letter a most charming and delicate attention," said M. Briand, "yet I could...

Author: /time Magazine | Title: FRANCE: Majority of Enemies | 6/7/1926 | See Source »

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