Abstract

In spite of the effort to “conserve the past,” there were signs by the end of 1932 that the French body politic was undergoing more than passing tension and strain. By that time the impact of economic depression, slow in reaching France, had, in popular parlance, reached “crisis” proportions; and while crisis is a label which Frenchmen are prone to accord promiscuously to each and every change of ministries, it was gradually coming to connote something analogous in seriousness to the monetary disturbances which culminated in the near-collapse of 1925–26.

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