Word: loucheur
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Dates: during 1920-1929
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...tale is told to the effect that M. Briand, Premier of France once said that he did not know the difference between a stock and a bond because he had never possessed enough spare cash to purchase either. Of such stuff art popular heroes made. Last week Finance Minister Loucheur, known as "the richest man in France," save his drastic eight-billion-franc tax bill (TIME, Dec. 21) wrecked amid a storm of popular resentment Jean Frenchman made it exceedingly evident that he resented being told to pay crushing taxes by the millionaire-financier, M. Loucheur...
Finally MM. Briand and Loucheur held a long series of conferences as to the possibility of getting an eight billion franc per annum tax increase through the Chamber in any form whatever. Since the outstanding indebtednesses of France will continue to mature at a rate demanding approximately this amount of additional cash, the alternative to voting it would seem to be national bankruptcy...
None the less, critics opined that the resignation of M. Loucheur, if not of the whole Cabinet, may yet be forced by the unwillingness of the Deputies to face the situation, no matter by whom it may be presented. Rumor was busy with talk of a general election. Le Matin called upon "the leaders of the nation" to organize "a committee of public salvation" with the slogan, "Save France, or die in the attempt...
...Reporter General of the Budget to the Senate; that he came to the U. S. as second ranking member of M. Caillaux's ill fated debt mission (TIME, Oct. 5, Oct. 12) and that he is almost as widely known as a financial expert as Finance Minister Loucheur...
Finance Minister Loucheur gave out the following statement...