France: The Duumvirate

Besides trying to solve the war in Viet Nam, break up NATO and remold the Common Market nearer to his nationalist desires, Charles de Gaulle also has to protect his rear, which was badly mauled in his humiliating encounter with the French electorate in December. Last week, as a starter, he presented a new economic plan aimed at wooing voters back into the Gaullist camp before the upcoming parliamentary elections take place. The plan promised a 10% tax credit on capital spending for business, an easing of credit and price controls, a...