Word: tightwads
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Easy Money. To quicken French enterprise Premier Flandin has insisted that money rates must be eased, and to get them down he had to fire the National Tightwad, respected M. Clément Moret, since 1930 Governor of the Bank of France (TIME, Jan. 14). Last week new Governor Jean Tannery was ready to play loose-wad. The play, long since approved by the Cabinet and hashed over in the Press, consisted in presenting the Chamber of Deputies last week with a bill at which extreme conservatives screamed "Inflation...
...Bank of France looks and smells like a miser's snuggery. Last week the Bank of France's fusty servants, aging pensioners of the world's second largest gold hoard, gloomed darkly over their frugal supper. Their beloved master since 1930, M. Clement Moret, the National Tightwad and, as such, a national hero, had just been kicked upstairs from Governor of the Bank of France to Honorary Governor. He was going to receive the Grand Cross of the Legion of Honor, and soon a lesser tightwad would replace him, hélas. To the fusty servants...
...children should cut a dash. With papa's salary raised to 500,000 francs a year the Moret moppets continued to go to ordinary Paris public schools. Mama Moret and Paris socialites are unaware of each other's existence. Today the National Tightwad is venerated for having saved a reputed 85%, of his salary while Governor of the Bank of France, salted it away in gold franc bonds...
Married. Robert Keith, actor, author of The Tightwad (TIME, April 25); to Peg Entwistle, ingenue actress; at Port Chester, N. Y., after a four-day courtship...
...brother. The thing goes on. Perhaps Speed never pays him back. Ten dollars isn't much, but it's the principle of the thing. And sometimes these informal loans involve real principal. Then Speed and Joe, once good friends, reach a snarling estrangement. One calls the other "tightwad," "usurer"; is himself called "dead beat," "sponger," "crook," "bummer...