From a mirrored salon in the ornate Hotel Matignon, official residence of France's Premiers, mild-mannered Socialist Guy Mollet last week cried out to his countrymen: "I ask every Frenchman to do his duty, to subscribe for Algeria and for France!" In these heroic words Premier Mollet imposed a sweet wartime sacrifice on France's citizens—the moral ob ligation to do a good piece of business at government expense.
Two months ago, when he and his government finally began to face up to the fiscal problems (TIME, July 16) created by the then 20-month-old Algerian rebellion (now costing...