Word: frenches
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Dates: during 1930-1939
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Continued quiet in the ticklish Forbach salient, overlooking the ghost industrial city of Saarbrücken, led observers to guess that the German onslaught there last month, which for a time had the French defenders entirely cut off from support and supplies (TIME, Nov. 13), was a typical German "information" offensive, designed to find out what the French command will do in given circumstances rather than to take an objective now. Before the great Ludendorff push of 1918, the Germans conducted innumerable attacks of inquiry, compiled a thorough textbook on the behavior of various generals commanding various parts...
Dapper little Lawyer Paul Reynaud, 61, "Mickey Mouse" to French voters, is the most widely traveled of French statesmen. He is the only one of them who has both run a chain of department stores in Mexico and been successively France's Minister of Colonies, Justice, Finance, who in 1938 yanked France's economy out of the ashcan into which the Popular Front had stuffed it. Last week he jaunted over to London to see Sir John Simon, the cold, grey lawyer who is Prime Minister Chamberlain's Chancellor of the Exchequer...
...fullest use, in the common interest, of both Empires' raw materials, production means, tonnage. Thus, if the French Army needs 6-inch shells worse than the British need anti-aircraft shells, British factories will hustle the former instead of the latter. Or if Britain needs bottoms for Canadian wheat worse than France needs them for Algerian mutton, to Canada they shall...
...joint import program. British and French foreign financial resources and bargaining power shall be pooled, so that the Allies buy together instead of competitively in neutral countries. Equally important, each shall buy in the other's Empire so far as possible, so that the transactions can be on paper and the joint reserves of gold and foreign exchange husbanded. Those old allies, the pound and the franc, shall of course march together in international exchange till death doth them part...
During World War I French finance ministers spent billions of their country's money as the generals spent lives-on a do or die principle. They made no attempt to balance their budgets and instead of figuring expenses on a yearly basis they asked for appropriations monthly...