Word: poincarism
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Citizens of the U. S. have been wondering, ever since the last advent of M. Raymond Poincaré as Premier (TIME, Aug. 2) just when this firm and foxy statesman would ask the Chamber of Deputies to ratify the Franco-U. S. debt accord (TIME...
...question has not been exactly pressing for two reasons: 1) The U. S. Congress has not ratified the accord, but will have to take the whole matter up again because this measure passed only the House (TIME, June 14, 1926) but not the Senate. 2) Premier Poincare has been so busy rescuing France from her financial slough of last year, doubling the value of the franc, and tentatively stabilizing it, that no one seriously expected him to make of his debt-funding plans anything but a dark state secret until stability was achieved. Now the question of ratification has begun...
...first time the Chamber of Deputies voted down, last week, a measure proposed by Premier Raymond Poincaré's present "Sacred Union" Cabinet (TIME, Aug. 2 et seq.). The Cabinet has stood unshakable until now, because of its great achievement in rescuing the franc from collapse and more than doubling its gold value. But today, with this crisis passed, and with a general election scheduled for next year, party strife is reviving. The vote last week was on a matter of no intrinsic importance; but it proved, by a count of 265 to 256 against the Cabinet, that Premier...
...stadium, beneath a classic portico and around a towering monument of Winged Victory, stand the leaders of the French nation-Marshal Joffre in the centre, "Tiger" Clémenceau, arms crossed, four-square with hands behind his back, with Marshal Foch close by, brooding alone at one side; President Poincaré, expectant, surrounded by frock-coated colleagues...
Observers, cogitating the news from Bar-le-Duc last week, deemed the speech of Premier Poincaré as surely and sweetly blended as Confiture de Bar-le-Duc, famed immemorial jam, exported hugely from the town to mingle on crackers with the cheeses of the world...