FRANCE: i,000,000 v. the Premier

1,000,000 v. the Premier

To drag President Roosevelt into court and charge him with malfeasance in devaluing the U. S. dollar in such fashion as to "cheat" holders of U. S. Government bonds is impossible, but under French law last week the French Taxpayers Federation, which claims a membership of 1,000,000 filed such a suit against both Premier Leon Blum and Finance Minister Vincent Auriol.

The specific act of malfeasance charged was offering to the French public "Baby Bonds" and then, after unloading as many of these as could be sold in France,...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!