PARIS, July 19 (AP). -- The man in the street in France is beginning to feel the pinch of economic complications which have long been predicted as the inevitable effect of the prolonged financial crisis.

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MONZIE IS FINANCE MINISTER; Advocated Capital Levy for France When in Post Before. OUTLOOK FOR DEBT GLOOMY Berenger Treaty Ratification Is Opposed by Majority of New Ministers. AGAINST FOREIGN LOAN ALSO Even Premier's Own Party Fails to Support Him and His Early Downfall Is Predicted.

By Edwin L. James.special Cable To the New York Times

Minister of Finance in new Ministry under E Herriot

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1926Felix Dzerzhinsky, Soviet educator and politician of Belarusian origin (born 1877)^[†]

Felix Edmundovich Dzerzhinsky, nicknamed Iron Felix, was a Soviet revolutionary and politician of Polish origin. From 1917 until his death in 1926, he led the first three Soviet secret police organizations, the Cheka, the GPU and the OGPU, establishing state security organs for the Bolshevik government. He was a key architect of the Red Terror and de-Cossackization.

Headlines from July 20, 1926

TNT Blast Kills Captain at Camp Devens As Six Bombs, Laid Aside as Duds, Go Off

LOG OF THE PRIMROSE IN ATLANTIC GALES; Harvard Manned Mostly, the Gallant 44-Footer Made a Record Crossing. SOME HOURS OF ANXIETY Elusive Leak a Source of Danger Till the Skipper Went After It -- Safe in England Now. LOG OF THE PRIMROSE IN ATLANTIC GALES

French Rush to Buy Goods.; FRENCH FRANC DROPS TO LOWEST LEVEL YET

MONZIE IS FINANCE MINISTER; Advocated Capital Levy for France When in Post Before. OUTLOOK FOR DEBT GLOOMY Berenger Treaty Ratification Is Opposed by Majority of New Ministers. AGAINST FOREIGN LOAN ALSO Even Premier's Own Party Fails to Support Him and His Early Downfall Is Predicted.

Notable Deaths