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Breaking Through. Goading President Hoover, Tomcat Briand, Secretary Mellon and Premier Laval to efforts which finally succeeded was the desperate state of the German Reichsbank last week...

Author: /time Magazine | Title: INTERNATIONAL: Hoover to Laval! | 7/13/1931 | See Source »

...hard pressed government which receives such a credit is able to stretch it over the requirements of months?as Italy did when she got $100,000.000 some years ago. Last week Dr. Luther found that he had run through the $100.000.000 literally in a few week?! Hoover and Laval must not fail...

Author: /time Magazine | Title: INTERNATIONAL: Hoover to Laval! | 7/13/1931 | See Source »

With a U. S. syndicate bidding $28,000,-ooo for control of the Campagnie Gen- erate Transatlantique (French Line) last week. Premier Pierre Laval went before the Chamber of Deputies, fought to keep this major maritime enterprise 100% French...

Author: /time Magazine | Title: FRANCE: French Line Floated | 7/13/1931 | See Source »

...French Line, M. Laval reminded the Chamber, operates not only transatlantic, trans-Mediterranean and Far East services (to French Indo-China) but has pioneered French Morocco as a tourist playground, built in the oases of its deserts a chain of de luxe hotels. With depression striking everywhere, M. Laval found it possible to understand how the French Line has incurred a deficit, asked the Chamber to guarantee in the name of the State a $6,000.000 French Line bond issue. "The Campagnie Generate is not the only navigation company now in trouble," wound up M. Laval. "I might cite...

Author: /time Magazine | Title: FRANCE: French Line Floated | 7/13/1931 | See Source »

...have no proof," retorted M. Laval, "that there has been mismanagement of the Campagnie Generate. By such insinuations you serve the ends of foreign competing companies...

Author: /time Magazine | Title: FRANCE: French Line Floated | 7/13/1931 | See Source »

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