Word: frenches
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Dates: during 1930-1939
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Last week French Finance Minister Paul Reynaud presented his first wartime budget. It was for a year and it was balanced all right, but the joker in it was that it covered only civil and not military costs. These were huge enough-79,000,000,000 francs ($1,746,000,000), or an increase of $500,000,000 over last year's ordinary expenses. A few items which might possibly be called military costs were included: $309,400,000 for the relief of families of mobilized men, $55,250,000 for refugees from the war zones...
Although M. Reynaud is known to believe in a "pay-as-you-go" policy as far as possible in this war, the real story of French war finances was not to be revealed until the Finance Minister presents the military budget, which will be drawn up every three months. Meanwhile, to defray the increased costs, both civilian and military, taxes went up. The so-called extraordinary income tax was raised from 2% to 5% on low incomes and to 15% on incomes above $155 monthly earned by male noncombatants of military age. Other new taxes included the upping of postal...
...Threat-of-the-week by Germany was publication of a list of British and French passenger ships which, since they are armed, will henceforth be "treated as enemy warships." Included were Aquitania, Britannia, Cameronia, De Grasse, Empress of Russia, Georgic, Mauretania, Queen Mary. De Grasse reached Manhattan safely this week. Cameronia arrived, too, wearing a new suit of orange-buff paint as camouflage. Theory: any attacking submarine must come to the surface to identify her fully, could then be gunned...
Alive and well today are thousands of young Europeans who would likely have been corpses by now if War II had taken the course of unprecedentedly murderous War I. Meantime, one big plan for Peace II has been shaping up in Anglo-French minds on an unprecedentedly thoughtful and humane pattern. Last week there were signs that the Nazi Government had begun to realize and fear the extent to which millions of Europeans are turning to the Allied formula of ending the war not in victory & defeat but by setting up a more-abundant-life European federation into which...
...contrast to this political diagram for a European superState, the appeal of the Anglo-French formula (now being bruited by diplomatists and pundits in all European capitals-even in Berlin through secret emissaries) is that it envisions a mainly economic European union...