Word: loucheur
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Dates: during 1920-1929
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During the absence of the Premier, the Minister of Finance, M. Louis Loucheur, had drawn up a stop-gap financial bill the provisions of which could be justified only by the undoubted fiscal emergency with which France is faced. Of all Frenchmen, M. Briand alone was thought to possess sufficient prestige to jam this bill through the Chamber and Senate. Its provisions : 1) The immediate issue of 7½ billion paper francs by the Bank of France; 6 billions to go to the depleted Treasury, and 1½ billions to supply the needs of commerce...
...addition a whole series of taxes "on all forms of wealth" is shortly to be proposed by M. Loucheur, to feed a sinking-fund for wiping out the internal debt...
Foreign Minister Louis Loucheur Finance Rene-Renoult Justice...
Great interest centres in M. Loucheur, the new Finance Minister. If he succeeds in stabilizing the fiscal affairs of France, his prestige will transcend even M. Briand's. At present he is popularly known as France's richest man and greatest economist. His great fortune rests upon a pre-War record of sound financial ability, though vastly increased during the War. He has been Minister of Munitions (1914), Minister of the Liberated Regions (for the devastated French War areas) (1922), and Minister of Commerce (1924). Now he has announced that he will summon a consulting board...
...Loucheur's advocacy before the Assembly of the League of Nations of both the ill-fated Protocol and a plan for a World Economic Conference is of course well known (TIME, Sept...