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Under the Oaks. Mendès-France calls his program le New Deal null He worked most of it out himself. Back from Geneva, Mendès set up shop outside Paris in a hunting lodge in the forest of Marly. Outdoors, under the oaks, Mendès met his two economic brain-trusters: Georges Boris, 66, and young Simon Nora, 33. He looked over blueprints proposed by Finance Minister Edgar Faure, and reworded by Boris and Nora. "I seem to find nothing but old projects," he grumbled. "They are neither original nor daring." He wanted a program of "total...

Author: /time Magazine | Title: FRANCE: Le New Deal | 8/16/1954 | See Source »

...Main Error. "We have really only one problem, at home and abroad," Mendès-France says. "France is the one nation in the West whose production has not increased in a generation. It is the same...

Author: /time Magazine | Title: FRANCE: Le New Deal | 8/16/1954 | See Source »

...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...

Author: /time Magazine | Title: FRANCE: Le New Deal | 8/16/1954 | See Source »

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...

Author: /time Magazine | Title: FRANCE: Le New Deal | 8/16/1954 | See Source »

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...

Author: /time Magazine | Title: FRANCE: Le New Deal | 8/16/1954 | See Source »

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