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...impotence. Leftists are impatient over wage freezes and mad about state aid to church schools (a touchy issue that led to the Education Minister's resignation). Rightists charge that De Gaulle is liquidating France's colonial empire with indecent haste, and disapprove of his Algerian concessions. Many Frenchmen, left to right, are nervous about De Gaulle's attitude toward the Western alliance. Appeals to la gloire are no longer enough to drown out all these objections. At the mere suggestion that Pinay might leave the Cabinet, shares on the Paris Bourse fell last week...

Author: /time Magazine | Title: FRANCE: Symbol at Stake | 1/18/1960 | See Source »

...markets since 1936. Introducing economic liberalism into France's closed economy, he made the franc convertible, hacked away at government subsidies, even persuaded French business to abandon its traditional protectionism and go wholeheartedly into the Common Market. Heartened by the knowledge that Pinay was at the helm, wealthy Frenchmen repatriated massive quantities of capital that they had secreted abroad-a phenomenon that helped restore France's foreign reserves...

Author: /time Magazine | Title: FRANCE: Symbol at Stake | 1/18/1960 | See Source »

After their talks in France, Premier De Gaulle and Khrushchev announce that they have divided the world between them. De Gaulle secures possession of the visible half of the moon, giving Africa in trade. Shortly thereafter, he is crowned "Moon King" by adoring Frenchmen. Dean Bundy decides to tour Russia and is termed "Prince of Peace" by adoring Russians. He explains that the trip was "non-political," that he "only wanted to confirm Lacy-Zarubin exchange." President Pusey wires Yale President Griswold, "5 will get you 10 'Ole Mac he's back in town...

Author: NO WRITER ATTRIBUTED | Title: Tea Leaves and Taurus | 1/4/1960 | See Source »

...organize humanity without a God and without a king," cried Premier Jules Ferry, and in 1880 the Third Republic began passing the laws out of which France's public schools were born. It was an old passion with anticlerical Frenchmen, who could not forget the clergy flocking to support King Louis XVIII (1814-24) and the Bourbon restoration. The government ordered a new curriculum that was stripped of all religious overtones...

Author: /time Magazine | Title: FRANCE: The School War | 12/28/1959 | See Source »

...Frenchmen took special pride in paying off $200 million on a debt to the International Monetary Fund ahead of schedule, piled up their first trade surplus with the U.S. in 60 years, and grew so confident that one Belgian banker remarked: "The French no longer have an inferiority complex growing out of their defeat in the war and their economic troubles. In fact, they have just the opposite...

Author: /time Magazine | Title: World Business: Hard Work and Vast U.S. Investment Begin to Pay Off | 12/28/1959 | See Source »

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