Word: teau
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There are certain ironies in holding the economics summit at Versailles. The most sumptuous château in France is a monument to royal extravagance. Twice in this century, Versailles has been rescued from near ruin only by generous infusions of American cash...
Envy was the palace's original inspiration. King Louis XIV, outraged by the opulence of a château built by his Finance Minister Nicolas Fouquet, in 1662 hired Fouquet's architect, Louis le Vau, to create a monumental country palace of glass and champagne-hued stone at Versailles, twelve miles southwest of Paris. By 1685, 36,000 men were at work on the palace, then set within 15,000 acres of nurtured gardens, groves and lawns. Embarrassed by the cost of the project ($1.4 billion in today's dollars), Louis ordered the accounts burned...
Meanwhile, an explosion and fire last week destroyed the house in the Paris suburb of Neauphle-le-Château from which the Ayatullah directed the Iranian revolution. The next morning police found an effigy of Khomeini hanging from a tree in the garden...
Republican Senator William Roth, coauthor of what he prefers to call the Roth-Kemp tax act, joked that he had invited Stockman to a Thanksgiving dinner at which the menu would include "Trojan horse pâté, Château Hemlock '81, trickle-down consommé and foot-in-mouth filet." After dinner, said Roth, Stockman would be "offered a blindfold and a cigarette." Actually, Roth was furious at Stockman's remarks about supply-side economics, saying, "I'm outraged...
...adding another wing to the residence-in-exile of Mujahedin Leader Massoud Rajavi. Both the setting and the air of expectancy that pervaded last week were reminiscent of another place and time-when an exiled Ayatullah Ruhollah Khomeini held forth in the little village of Neauphle-le-Château just before Shah Mohammed Reza Pahlavi was overthrown in 1979. As half a dozen visitors waited under the fruit trees outside the blue-and-white tent that serves as his office at Auvers-sur-Oise, Rajavi, speaking English, talked with TIME Correspondent Sandra Burton. Excerpts...