Word: painleve
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Came "Wizard Caillaux," as the Painlevé Government steppd up to power, and attempted to work many miracles which have failed. His internal 4% gold loan which was to have absorbed the great weight of defense bonds and brought relief to the Treasury has not achieved adequate flotation. The Moroccan War and M. Caillaux's uncertain U. S. debt settlement have further contributed to send the franc tumbling down to 22 to the dollar, and have caused Caillaux himself to admit that the Bank of France can see its way clear to facing its present obligations without inflation...
...being more "orthodox" than one on capital. For the moment M. Caillaux has pledged himself to the measure "as a member of the Radical Party, though not necessarily as Finance Minister." He appears to have kept the conference from jumping on his neck and that of the shaky Painlevé Government without actually committing himself to anything very definitely...
Quickly he stepped aboard a train for Paris. Arrived there, he exchanged osculations with Premier Painlevé, who met him at the station. He still remained publicly non-committal-not without reason. Within a few days he knew that he must present his report to the Cabinet Council, decide whether to praise or damn his handiwork before the Chamber and prepare to justify his negotiations before the national convention of the Radical Party at Nice. He had need to listen and to reflect. Meanwhile, three interesting statements were made by others...
Next morning he was in Paris, was for long closeted with Premier Painlevé, whom he urged to take stronger action against the Riffians. Premier Painlevé subsequently issued a statement...
...waged over the composition of the French debt mission to the U. S. which is to sail in September. M. Franklin-Bouillon, Chairman of the Chamber of Deputies' Foreign Relations Committee, a famed and able diplomat, was most eager to head the delegation. He was supported by Premier Painlevé and by many other good friends, who pointed out that his marvelous English vocabulary and diction, equaling his French eloquence, made him preeminently suitable. Stolid, squat Aristide Briand, Foreign Minister, agreed; but he did not and would not agree to the people M. Franklin-Bouillon wished to take along...