Word: mend
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Dates: during 1950-1959
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...this? Mendès has an economist's answer. "Our main error lies in spending for unproductive uses. First, spending for luxury goods by individuals and the state. Second, operating our nationalized industries at a deficit-coal, gas, railroads. Third, the exaggeration of [France's] social laws-some of them tend to cut back production, not increase...
Sweeping Powers. Under the oaks at Marly, Mendès-France rewrote Faure's program to give expression to his own ideas. It took him 48 hours, practically nonstop. As presented to the National Assembly, last week Mendès-France's New Deal consisted of two documents: a one-page legislative bill, asking sweeping powers to run the. French economy by decree until March 31, 1955, accompanied by a 30-page "Exposition of Motives." Main features...
Opening the Windows. What Mendès proposes to do, said his unofficial spokesman, the weekly Express, is to force "our national economy open to the great wind ... of foreign competition. To open wide the windows, and let those who do not have strong enough lungs to survive come to the state and be cared...
Foreign economists cheered. But to many a French businessman raised in the hothouse atmosphere of protectionism and subsidy, Mendès' program seemed more like an invitation to pneumonia...
...Premier's office Mendès called politicians, union men and bankers, explaining to them that "there will be things you don't like." Then he and Edgar Faure marched into the National Assembly...