Word: franc
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Dates: during 1920-1929
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...proposed reunion in Paris on the tenth anniversary of the A. E. F.'s appearance on French soil, seriously doubted the wisdom of turning 15,000 Americans loose in a country where Americans had become distinctly unpopular. Was that unpopularity wholly erased -by the stabilization of the French franc, the debt negotiations, the visit of Heroes Lindbergh, Chamberlin and Byrd...
...Raymond Poincare has been 15 years a Deputy, 27 years a Senator, eight times a Minister, three times Premier (1911-13, 1922-24, 1926-), and was the great Wartime President of France (1913-20). His achievement during the last twelve-month has been: first, to raise the value of the franc from 41 to the dollar to 26; second, to cut the short-term indebtednesses of the State from 24,000,000,000 francs to less than 8,000,000,000 francs; third, to increase the Treasury reserves from 50,000,000 francs...
Marshal Joffre, to many smart, shallow people is "just a fat man who was lucky. But solid citizens still believe in him. They showed their faith when the franc was tottering (TIME, May, 3, 1926) by subscribing 19,000,000 francs to the Joffre Save the Franc Fund. Last week the final scene in that impressive drama was acted at Paris...
...would have fulfilled that promise and sat down after a speech of hardly more than a moment's duration. And Colonel Lindbergh's con duct in Paris and in England must have done much to relieve the sore ness caused by tourists with franc-plastered trunks, by Mr. Tilden squabbling with linesmen and Mr. Hagen missing his appointments. With the Lindbergh episode al most over, cynics may rise to call his ovations "hysteria," his re ceptions "sensationalism run riot." But back of the torn paper and the screeching headlines lay a very sincere and very spontaneous out burst...
...been exactly pressing for two reasons: 1) The U. S. Congress has not ratified the accord, but will have to take the whole matter up again because this measure passed only the House (TIME, June 14, 1926) but not the Senate. 2) Premier Poincare has been so busy rescuing France from her financial slough of last year, doubling the value of the franc, and tentatively stabilizing it, that no one seriously expected him to make of his debt-funding plans anything but a dark state secret until stability was achieved. Now the question of ratification has begun to loom again...