FRANCE: Briand, Doumer & Co.

A tale is told to the effect that M. Briand, Premier of France once said that he did not know the difference between a stock and a bond because he had never possessed enough spare cash to purchase either. Of such stuff art popular heroes made. Last week Finance Minister Loucheur, known as "the richest man in France," save his drastic eight-billion-franc tax bill (TIME, Dec. 21) wrecked amid a storm of popular resentment Jean Frenchman made it exceedingly evident that he resented being told to pay crushing taxes by the millionaire-financier, M....

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