FRANCE: 40,000 Bankers

In the first light of a cloudless dawn last week France's first Socialist-dominated Chamber of Deputies adjourned with an all-time record of 65 "economically revolutionary" bills passed in ten weeks. Cried weary, wispy Premier Leon Blum to the Deputies: "The greatest social movement since the foundation of the Third Republic has been accomplished without any shedding of blood but by persuasion only."

Without shedding blood the Chamber had passed into law most of the Popular Front platform: 1) nationalization of munitions factories, 2) the 40-hour week, 3). collective bargaining between employers and...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

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