Foreign News: Massacre of Ministries

In utter disgust at the behavior of the Chamber of Deputies last week doughty old Premier Albert ("Tomcat") Sarraut exclaimed, "The financial hemorrhage continues!" Few hours later he rode off to present the resignation of his four-week-old Cabinet to President Albert Lebrun.

The hemorrhage was golden. Because the Chamber has voted down Cabinet after Cabinet rather than balance the budget (TIME. Oct. 30, et ante), gold was pouring out of France at the rate of 100,000,000 francs a day, in flight to London, Amsterdam, Geneva and even Berlin. The Deputies pointed to the Bank...

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