EDOUARD HERRIOT
(Édouard Marie Herriot)
The United States Senate refused to ratify the Treaty that President Woodrow Wilson had negotiated establishing the League of Nations.
This notion of state owned industries where the profits can pay for some of the costs of operating a government. In modern cases like China, Egypt and Indonesia, the military owned industries the profits of which defrayed the general budget burden. The problem however, has always been that the government tends to give preference to government owned industries in purchases and the lack of competition generally produces inefficient companies over time.
The French leader was one of the first to warn against the Fascism that Mussolini brought to Italy. Although most of the French leadership was opposed to Fascism when it came to fighting Fascism, the French later proved feeble, and many became collaborators and adopted the Nazi puppet state of Vichy France.
Édouard Marie Herriot was a French Radical politician of the Third Republic who served three times as Prime Minister and for many years as President of the Chamber of Deputies. He was leader of the first Cartel des Gauches.