For at least a twelvemonth enemies of Prime Minister Raymond Poincaré have confidently prophesied that his Cabinet would fall soon after he should have put the franc back on a gold basisa deed done last fortnight (TIME, July 2). Even staunchest friends feared, last week, for the grizzled statesman's grip on Power. His famed Cabinet of Sacred Union comprises representatives of parties bitterly opposed, who laid down their political tomahawks solely because of the desperate emergency created by the slithering fall of the franc (TIME, Aug. 2, 1926). Today the paper franc is...
To continue reading:
or
Log-In
