RUMANIA: Allowed to Win?

To win an election may be bad luck if the outgoing government happens to be shoving into the lap of the new Premier a huge budgetary deficit. Four years ago Rumania's National Peasant Party won an election under such conditions, restored comparative financial order and was later ousted by King Carol and wastrel politicians who squandered what the Peasant Government had saved.

Last week, with Rumania in a tighter financial corner than ever, the National Peasant Party won the election again—or was "allowed to win it" as Rumanian cynics observed. Wastrel...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!