Foreign News: Budget Battle

Hotly pressed last week was the annual battle between statesmen who want to balance the Budget of France by the first of the year and politicians who would like to go on talking about it until early spring.

The furious oratorical flank attacks seriously embarrassed the Generalissimo of the Budget, keen, masterful Raymond Poincaré, Prime Minister, Finance Minister, and famed as the man who saved the franc two years ago from utter collapse (TIME, Aug. 16, 1926).

Socialist members of the Chamber's Finance Committee fairly screamed objections to the budgeted military, naval and air...