Paul Reynaud (; 15 October 1878 – 21 September 1966) was a French politician and lawyer prominent in the interwar period, noted for his stances on economic liberalism and militant opposition to Nazi Germany.
Reynaud opposed the Munich Agreement of September 1938, when France and the United Kingdom gave way before Hitler's proposals for the dismemberment of Czechoslovakia. After the outbreak of World War II Reynaud became the penultimate Prime Minister of the Third Republic in March 1940. He was also vice-president of the Democratic Republican Alliance center-right party. Reynaud was Prime Minister during the German defeat of France in May and June 1940; he persistently refused to support an armistice with Germany, as premier in June 1940, he unsuccessfully attempted to save France from German occupation in World War II, and resigned on 16 June. After unsuccessfully attempting to flee France, he was arrested by Philippe Petain's administration. Surrendering to German custody in 1942, he was imprisoned in Germany and later Austria until liberation in 1945, where he was released after the Battle of Itter Castle in which one of the leaders, German Major Josef Gangl, declared a hero by the Austrian resistance, took a sniper's bullet to save Reynaud.
Elected to the Chamber of Deputies in 1946, he became a prominent figure again in French political life, serving in several cabinet positions. He favoured a United States of Europe, and participated in drafting the constitution for the Fifth Republic, but resigned from government in 1962 after disagreement with President de Gaulle over changes to the electoral system.
Early life and politics
Reynaud was born in Barcelonnette, Alpes-de-Haute-Provence, the son of Alexandre and Amelie (née Gassier) Reynaud. His father had made a fortune in the textile industry, enabling Reynaud to study law at the Sorbonne. He entered politics and was elected to the French Chamber of Deputies from 1919 to 1924, representing Basses-Alpes, and again from 1928, representing a Paris district. Although he was first elected as part of the conservative "Blue Horizon" bloc in 1919, Reynaud shortly thereafter switched his allegiance to the centre-right Democratic Republican Alliance party, later becoming its vice-president.
In the 1920s, Reynaud developed a reputation for laxity on German reparations, at a time when many in the French government backed harsher terms for Germany. In the 1930s during the Great Depression, particularly after 1933, Reynaud's stance hardened against the Germans at a time when all nations were struggling economically. Reynaud backed a strong alliance with the United Kingdom and, unlike many others on the French Right, better relations with the Soviet Union as a counterweight against the Germans.
Reynaud held several cabinet posts in the early 1930s, but he clashed with members of his party after 1932 over French foreign and defense policy. In June 1934, Reynaud defended in the Chamber of Deputies the need to devalue the French franc, whose belonging to the gold standard was increasingly harmful for the French economy, but in those years French public opinion was opposed to any devaluation.
He was not given another cabinet position until 1938. Like Winston Churchill, Reynaud was a maverick in his party and often alone in his calls for rearmament and resistance to German aggrandizement. Reynaud was a supporter of Charles de Gaulle's theories of mechanized warfare in contrast to the static defense doctrines that were in vogue among many of his countrymen, symbolized by the Maginot Line. He strongly opposed appeasement in the run-up to the Second World War. He also clashed with his party on economic policy, backing the devaluation of the franc as a solution to France's economic woes. Pierre Étienne Flandin, the leader of the Democratic Republican Alliance, agreed with several of Reynaud's key policy stances, particularly on Reynaud's defence of economic liberalism. The franc was devalued, in a range between 25% and 34%, by the Popular Front government presided by Leon Blum on 1 October 1936.