Word: moroccans
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Dates: during 1920-1929
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...Major Issues emerged: 1) Should France retain and dominate at crushing expense her Moroccan and Syrian mandates? 2) Should France raise the funds necessary to balance her budget by a "capital levy...
...Cabinet's Program: 1) To shelve the Moroccan and Syrian questions temporarily, while waiting for the return of General Sarrail, who is being recalled to justify his policy of ruthlessness as French High Commander in Syria (TIME, Nov. 9). 2) To straddle the "capital levy" issue by demanding "an immediate sacrifice" from "all forms of wealth" instead of from "capital." 3) To secure passage for the highly popular Locarno Treaties. 4) To resume debt negotiations with the U. S. at an indefinitely later date...
...proof: Your Oct. 12 issue, FOREIGN NEWS, Moroccan affairs...
Came "Wizard Caillaux," as the Painlevé Government steppd up to power, and attempted to work many miracles which have failed. His internal 4% gold loan which was to have absorbed the great weight of defense bonds and brought relief to the Treasury has not achieved adequate flotation. The Moroccan War and M. Caillaux's uncertain U. S. debt settlement have further contributed to send the franc tumbling down to 22 to the dollar, and have caused Caillaux himself to admit that the Bank of France can see its way clear to facing its present obligations without inflation...
Spanish operations against the Riffs became notably spectacular when several Spanish battalions made a dash in motor trucks southeastward from Ajdir, covered some 20 miles across the plain, and established themselves at Syan on the east Moroccan front. Thus they linked up with their allies the French forces, which have advanced into that region from Kifane, and apparently the Spanish thrust came as a complete surprise to both French and Riffians. If the move is consolidated into a strong series of military positions, it may well forestill the possibility of French forces attempting to operate in the so-called Spanish...