Word: zeeland
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Among the short features which adorn the bill are an excellent travelogue about the little Dutch province of Zeeland, and a Walt Disney animated cartoon depicting the animadventures of "The Hare and the Tortoise...
Snapped onetime Premier Henri Jaspar: "What has Roosevelt accomplished? What? The worst thing about van Zeeland is that he is acting in good faith and is thoroughly imbued with American ideas...
...paradox of the crisis last week was that Belgium's three major parties, the Catholics, the Socialists and the Liberals, all contributed Ministers to the Cabinet of "National Union" formed by Professor van Zeeland at the invitation of His Majesty. The politicians' theory seemed to be that, since all three parties had pledged themselves to the voters to maintain the belga at its 1926 value in relation to gold, they all might as well cooperate in devaluing it further. Never was the clear mandate of an entire electorate more flatly disregarded. Soon the Chamber gave the van Zeeland...
...Belgium, meanwhile, wholesale and retail prices were rising far too fast to suit Premier van Zeeland. Apparently he had thought Belgian shopkeepers knew as little about international exchange as did the majority of U. S. shopkeepers who disappointed President Roosevelt by not kiting prices as high as he thought they would. Belgian shopkeepers, keen exchange watchers, raised prices this week almost as fast as the belga fell. This made Premier van Zeeland so angry that he lashed out: "The Belgian franc ought to buy just as much merchandise as it did a year ago. Stop thinking of the monetary question...
Sheer Confidence. Thus, on price policy, van Zeeland took a position opposite to President Roosevelt's. He announced nothing resembling the NRA, and headlines about NEW DEAL FOR BELGIUM could be charged off as oversimplified tosh. Chief effect of the European currency misgivings produced by Belgium's devaluation was to give a fillip to the notion that "Sterling is the best money," and Sterling soared against other currencies, gold and paper. Smug British bankers plumed themselves once again on the Empire's supremacy in creating sheer confidence out of whatever sheer confidence is made of. Keen...