FRANCE: Study in Bag-holding

(See front cover)

Within the week, world attention switched from Franklin Roosevelt to Adolf Hitler to Edouard Daladier. As the world had hoped— and guessed—Chancellor Hitler backed down, the immediate German crisis passed (see p. 12). What was France with the largest army in Western Europe, the largest gold reserve and an international position the envy of every other European nation, now going to do?

The week's events brought Premier Daladier plenty besides Hitler to ponder. First there was the domestic situation. The existence of a French Premier, never too secure, becomes...

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