‘SHORT. OF A MIRACLE, DE GAULLE CAN
By John Archer
1958The NewsletterJohn Archer Read the scan at ETOL (PDF) →Read from the scan by machine and not corrected: headlines and words can be misread, and a caption or advert can run into the text. For anything you quote, read the scan.
- SETTLE NOTHING -~ “FRANCE’S present economic problems are so critica] as to threaten her very existence’, wrote the Daily Telegraph editorially on June 3, 1958.
. There is now little chance that.a stroke of luck plus the evacuation of Algeria will save either the budget or the balance of payments. ‘ .
France’s bankers and her American creditors alike need a ‘firm’ government, in view of the ‘growing body of evidence . that western Europe is running into its first serious post-war -recession’ (Observer, June 9).
Obviously the Fourth Republic is not a political tool suitable for the ‘drastic surgery’ needed to cut State spending and mass consumption.
It has jaid the basis for a possible fascist movement of the : future, in the cynicism of the masses of the people. But neither