Word: reynaud
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...Finance Minister Paul Reynaud Mr. Welles submitted a memorandum that stated the official U. S. position on economic reconstruction after the war: 1) healthy commercial relations must be the basis of political and economic peace; 2) the prosperity of international commerce precludes exclusive discriminatory agreements between two countries; 3) if world trade is to be reconstructed after the war, it must be without resentment or fear of any nations toward others...
Fashionably educated, airminded Jeanne Reynaud, wife of Finance Minister Reynaud, last week flew (see cut, p. 24) to North Africa for another womanly chore -to deliver a series of propaganda lectures...
France's counterattack was a law put in effect Jan. 1, the Code de la Famille sponsored by Finance Minister Paul Reynaud. In line with democratic morality and approved by the church, it provided: 1) State payment of cash bonuses to married couples for each child born within two years after the wedding; 2) State loans for agricultural equipment and livestock to French farmers on a ten-year basis, with progressive cancellation of part of the debt for each child born within the decade-fifth birth cancels all; 3) taxation of bachelors and childless couples to pay costs...
...both will collaborate on internal price policies. The accords were entirely unprecedented. In World War I, which was virtually decided by the economic factor, the two countries had nothing but a common grain agreement and, in the last months, transport and food councils. Said suave French Finance Minister Paul Reynaud: "No better proof than this economic and financial accord could be found of the common will to carry this fight to a finish. It has been inspired by the same spirit that made possible unity of command for the military forces...
While France's Paul Reynaud and Britain's Sir John Simon put their heads together to strengthen the external economy of the Allies (see above), one of Britain's leading economists advanced a notable plan to strengthen Britain's internal economy, to help pay for the war while it is being fought, to help smooth the economic bumps which must be felt when it is over. Author was "The Stinger in the Triple Bromide"-Economist John Maynard Keynes, who, as a member of the Economic Advisory Council and secretary of the Royal Economic Society, frequently stimulates...