"A notable excess," said Premier-Finance Minister Raymond Poincaré, before the Chamber of Deputies, "a really notable excess of revenue over expenditures, Messieurs, has been achieved under my direction for the first time since the War. When I assembled my Cabinet (TIME, Aug. 2), we were forced to obtain credits of 930,000,000 francs [$179,490,000] from large concerns, but every centime has now been repaid and 7,500,000,000 francs [$1,447,500,000] to our credit in the Bank of France. [Applause.] I repeat, Messieurs les Deputés 'a notable excess.' "
Premier Poincaré, boastful only of birds-in-the-hand of...