Courtesy Reuters

DURING the few weeks it has been in power, the Blum Government has enacted a broad program of reforms. Certain of these reforms were submitted to and adopted by Parliament under the pressure of immediate circumstances. Others were part of a program which had received careful consideration, which had been the subject of controversy before the election, which were the substance of electoral promises. The reform of the Bank of France belongs to this latter category. In conjunction with the bill for the nationalization of war industries, central banking reform was a subject on which the parties of the Left,

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