Word: macdonaldization
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Glowing with splendid plans to help five River Danube countries with a round population of 62 millions.* kindly James Ramsay MacDonald and such close Cabinet friends as his Foreign Secretary. Sir John Simon, lavished hospitality last week on the Frenchmen who had made the plans...
Good fellows, these guests from Paris, the Britons thought. Short, witty, cigar-chewing French Premier Andre Tardieu had never turned up in more engaging fettle. He and his huge, long-boned Finance Minister, Pierre Etienne Flandin, not only pleased Scot MacDonald by the crystal lucidity of their plans for rescuing Danubia from near bankruptcy but provoked him at a midnight session over Scotch and cigars to roars of midriff mirth which did his morale a world of good. Facing newsfolk just before M. Tardieu dashed back to Paris, dignified Scot MacDonald beamishly confessed, "We did overflow a bit at times...
...members of the Danube Conference at which Britain, France, Germany and Italy sat in. Plainly, spade-bearded Dino Grandi, snapping-eyed Italian Foreign Minister, was smoldering with anger and so was Germany's Dr. Bernhard W. von Bülow, a nephew of the late great Prince & Chancellor. Honest Scot MacDonald was made from the first to feel that his prior conversations with Premier Tardieu had been in the worst possible diplomatic taste. Down the tense conference table the Prime Min- ister's rich voice rolled, "Something must be done immediately or Austria and Hungary will go back to ruins...
French Plan, To Mr. MacDonald's extreme discomfiture France's Flandin leaned his large elbows on the Cabinet table, rested his massive jowls upon his fists and left the defense of France's plan for saving Danubia largely to the British. The plan: 1) loans to Rumania, Czechoslovakia, Jugoslavia, Hungary and Austria totaling $40.000,000 or about 65¢ to each Danubian man, woman and child; 2) exclusion of Bulgaria (Germany's ally 1914-18) from this rescue party, although Bulgaria is on the Danube and in dire straits; 3) lowering inter-Danubian tariffs by 10% to 20% all round...
That was not the point at all, hotly retorted Dr. von Bülow. Quoting statistics by the ream to Scot MacDonald (who dislikes them), he contended that inter-Danubian trade, no matter how much it may be stimulated, cannot put Danubia back on her feet. It is Danubia's trade with Germany and Italy which must be encouraged, argued Dr. von Bülow, for that is of vital magnitude?four times larger than the trade of Danubia with Britain and France...