Word: reynaud
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Dates: during 1930-1939
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Dapper little Lawyer Paul Reynaud, 61, "Mickey Mouse" to French voters, is the most widely traveled of French statesmen. He is the only one of them who has both run a chain of department stores in Mexico and been successively France's Minister of Colonies, Justice, Finance, who in 1938 yanked France's economy out of the ashcan into which the Popular Front had stuffed it. Last week he jaunted over to London to see Sir John Simon, the cold, grey lawyer who is Prime Minister Chamberlain's Chancellor of the Exchequer...
...Reynaud, like many another European politico, believes that international economic collaboration, especially between Britain and France, is the only possible basis for a lasting peace when World War II is over. But Finance Minister Reynaud had come to talk about fighting the war before liquidating it, and in his conversations with Sir John Simon he got what he wanted...
...program, and on specific features of it, so significant that they made the week's biggest war news. After they were through talking, the Allied Supreme War Council, headed by each country's chief of State and chief of war, held a meeting to ratify the Simon-Reynaud agreements. Within three months, warring Britain and France had reached greater financial and trade solidarity than they reached in three years last time. * Gone was any German hope of splitting the Allies asunder...
...Reynaud's basic argument for France's having closest economic collaboration from Britain and the support of her banking system and gold reserve was that France has called to the colors five men to Britain's one. While she holds the Maginot Line, Britain should protect the inner front. M. Reynaud and Sir John also agreed that just because there is a war going on-especially a standstill war where the real fighting is economic, by blockade and the capture of Germany's export markets-is no reason why business and commerce should not go ahead...
First fruit of the Reynaud-Simon agreement was resumption, last week, of telephone service for businessmen between London and Paris. Next fruit: restoration of regular mail schedules...