FRANCE: Etatisme

The Government of shambling, whiskery Léon Blum had more than Bastille Day speeches for the French voters last week. In rapid succession it pushed through the Chamber of Deputies two bills destined to change drastically the face of French politics.

BankA chief plank in the Popular Front's platform was reform of the Bank of France and suppression of the oligarchy of 200 families who own that institution's voting stock (TIME, May 18). After months of guessing as to what sort of reform bill would be introduced, pudgy Finance Minister Vincent Auriol brought...

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