FRANCE: A Frappe for J.J.-S.S.

Valery Giscard d'Estaing wasted no time trying to implement his presidential visions for France. Since his election last month he has moved quickly and skillfully to put together what he calls "a new majority"—a broad coalition in the National Assembly of his own Independent Republicans, the centrists and liberal Gaullists. His efforts were rewarded when Premier Jacques Chirac won an overwhelming parliamentary vote of confidence for the new government. Last week, however, Giscard and Chirac discovered that there are pitfalls in moving ahead with too much haste. Only twelve days after appointing Jean-Jacques Servan-Schreiber, 50, as Minister of Reform, they...

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