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They were dismissed by the Bank's new Governor Emile Labeyrie, an appointee of Socialist Blum, with these words: "Messieurs, you date back to the Consulate and to the Empire. You are so completely identified with the Bank as conceived by its founders, that, since the day has come to rejuvenate this old house, it appears impossible to invite you to participate in this restoration." Inexpressibly shocking to French business was the prompt appointment by the Government to the new board of Regents of goateed, rabble-rousing Labor Leader Leon Jouhaux, who last week flew to Spain's "Red" Government Capital of Madrid. To Paris businessmen this suggested that M. Jouhaux had gone to arrange a loan by the Bank of France to Spanish foes of Capitalism.