Foreign News: Millionaires in Rupture

Sizzling on the Chamber of Deputies grill last week lay The Deal of Hoare & Laval, which in London fortnight ago caused the resignation as British Foreign Secretary of Sir Samuel Hoare (TIME, Dec. 30). From Paris to London to sit in the Commons gallery during that fracas dashed the dynamic French Deputy who for months has been trying to upset the Laval Cabinet in order to dislodge France from the gold standard and start inflation or devaluation of the franc. Last week M. Paul Reynaud was back in Paris and, although no expert...

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