Word: loucheur
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...Premier Briand's third Finance Minister in as many months, M. Peret has fallen heir to the seemingly insoluble fiscal problems of France. His immediate predecessor, Senator Doumer, failed to solve them, although he is one of the greatest fiscal experts in France. His predecessor was, of course, M. Loucheur, "the richest man in France," a great industrialist whose failure was no less complete. Now appears M. Peret, a skilled lawyer and a veteran politician, but scarcely an expert of the first rank in state finance. He occupied himself with a modicum of quiet activity last week-sent...
Since autumn, three Finance Ministers (Caillaux, Painlevé and Loucheur) and two Premiers (Painlevé twice) have fallen on this one tax issue, without being able to get as far as MM. Briand and Doumer got last week?without being able to get the Chamber to indorse any program whatever for recouping the finances of France. Therefore, M. Briand's triumph was great. The Senators, eager to help him, prepared to "amend" the crazy-quilt bill into something workable. It was considered certain that they will stretch the constitutional limits of their amending power to the uttermost. Presumably when the bill goes...
Observers remarked that with the Cartel pulling the Chamber to the Left, and the Senate doing its perennial Squads Right, the politico-fiscal situation retains all the characteristics which have brought about the fall since November of three Finance Ministers (Caillaux, Painlevé, Loucheur) and two Governments (both headed by M. Painlev?...
...cleverly exploited by M. Briand to make his own triumph the greater when he succeeded. One Frenchman said to another, "What if it were all a put up job: a deal whereby Doumer, who has the Senate solidly behind him, should succeed the brilliant but unpopular Loucheur, and slide necessary tax measures of a less drastic nature through the Chamber...
After this defiance Briand and Doumer were reported to have ensconced themselves in privacy and pondered well plans for "indirect taxation," which it is hoped will prove more acceptable to the Deputies and the electorate than M. Loucheur's scheme to extract eight billion francs a year from such direct and obnoxious sources as an increased tax on wine, tobacco and incomes...