Word: premier
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Dates: during 1940-1949
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Liaison & Action. That same day Premier Robert Schuman's new inflation remedy, the "supertax" on incomes over 450,000 francs ($3,798), became law when it was rubberstamped by the toothless Council of the Republic (upper house of the legislature, replacing the old Senate). Communists and Gaullists in the Assembly had been against the supertax. Now this formidable new grouping of the classes moyennes, most of whose people were probably Gaullist voters or sympathizers, was out to do battle against...
This was revolt, almost. Premier Schuman, beset from left & right, knew that his government could not survive a sustained revolt of the bourgeoisie. Conferences were quickly arranged between Gingembre and Finance Minister Mayer. M. Schuman announced that the government would try to cut the budget...
...Premier Schuman proposed a new "supertax" of 20% to 40% on incomes over 450,000 francs ($3,778). The relatively rich people affected could either pay the tax or buy an equivalent amount of government bonds. The revenue, and the resulting cut in French purchasing power, was estimated at 150 billion francs...
...strong. The government offered a compromise figure of 125 billion. M. Schuman, in effect, issued an ultimatum: take it or leave it. He forced a vote of confidence on the issue. M. Schuman won; his bill was passed. On each of five separate amendments, the Assembly voted for the Premier. His majority was not large, but it never fell below 33 votes...
...Thakin Nu, Premier of newly independent Burma, he sent a good-will copy of Back to Methuselah, confided that he considered it his masterpiece...