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...Suez directors gathered for their annual meeting in Paris last week, President of the Board, smooth, aristocratic Marquis de Vogüe,* paid his respects to the sentimental Italian claims just long enough to deny them: Italian claims are based either on "bad faith" or "extreme ignorance." Of the three alleged Italian builders of Suez he said: 1) Negrelli was not an Italian but an Austrian. He never worked on the Canal. The reason: a year before Canal digging started, Negrelli died. 2) Paleocapa refused a job at Suez. The reason: he had gone blind. 3) Torelli did not become...

Author: /time Magazine | Title: FRANCE: Tall Tolls | 6/19/1939 | See Source »

...ousted board of Regents are some of France's best financial brains, including François de Wendel (coal, steel, munitions), the Marquis de Vogüe (Suez Canal Co.. chemicals). President René Duchemin of the French Manufacturers' Association, Robert Darblay (paper), Louis Blanc (casinos) and Ernest Mallet, current representative of a banking family which has had a member on the board since the Bank's foundation, 136 years ago. To gether the old Regents are worth probably 7,000,000,000 francs...

Author: /time Magazine | Title: FRANCE: 40,000 Bankers | 8/24/1936 | See Source »

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