Word: bankes
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Dates: during 1920-1929
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...Jacques Seydoux, Director of the Bank of Paris, said last week: "If France returns to a gold basis now-and she must -it means accepting four-fifths bankruptcy (of the paper franc). Germany accepted complete bankruptcy (of the paper mark...
Hopes v. Speculators. To the 6,000,000 hope-against-hopers Banker Emile Moreau can say only, first that their hopes are too extravagant ever to be realized, and second that the Bank of France has not sufficient resources to go on protecting the franc against foreign speculators, unless there is applied that potent check to speculation, a law establishing the currency on a gold basis...
...upsurge, and by the downsurge sure to follow; and in the meantime France would lose immeasurably through the disruption of business occasioned by unsteady currency. Just now France sits fiscally pretty. Her trade balance is favorable. The Treasury has recently refunded advances previously made to it by the Bank of France to the amount of 900,000,000 francs. Such are the blessings which have flowed from holding the franc steady at its present value for almost two years (TIME, Jan. 3, 1927) under the Sacred Union Cabinet of Prime Minister Poincare...
Field, Glore Mitsui Bank...
...Langley International Acceptance Bank...