Word: gaillard
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Dates: during 1950-1959
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Sitting at the side of Premier Maurice Bourgès-Maunoury, his friend and frequent tennis opponent, was the young man entrusted with saving France from economic folly. Handsome, lanky Félix Gaillard at 37 is France's youngest Finance Minister of the century. A man who comes from the cognac country, wears the Rosette of the Resistance, plays clean classic piano and dirty rock 'n' roll, Politician Gaillard is a man with a mission. For his colleagues he drew a lucid and gloomy picture...
Without Transfusions. In the past 18 months, said Gaillard, France has exhausted its $1.1 billion Stabilization Fund and run through its $500 million European Payments Union loan; the $300 million advanced a month ago from the Bank of France's precious gold reserves "will not last beyond the end of September." For the first time since World War II France can no longer count on generous transfusions ($5.5 billions in U.S. aid since...
...index, artfully manipulated to conceal the inflationary upcreep, has finally burst through its ceiling, setting off an automatic 5.5% minimum wage rise for 800,000 employees. With every allowance for crop failures, the cost of Suez and the price of Algeria's billion-franc-a-day war, said Gaillard, France's "fundamental" trouble is that "for several years our internal consumption has been rising more rapidly than our production...
Oralists for the Gardner Club were Robert S. Jones and Curtis W. Poole. They were assisted in the brief by John R. Alger, William D. Gaillard III, Wallace M. Kain, D. Kenneth MacDonald, David H. Roenisch, and H. Simmons Tate...
...keep the sheer face of Contractor's Hill from sliding into the vital Gaillard Cut (TIME, May 10) and blocking the Panama Canal, the Canal Co. called for emergency bidding on a contract for the removal of some 2,000,000 cu. yds. of the rocky hill. Seven contracting firms, among them Morrison-Knudsen, world's greatest earth mover, rushed engineers to the canal to study the great fissure splitting the hill. But it was the young and aggressive Tecon Corp. of Dallas that put in the winning offer, 15 minutes before the bidding closed last week...