Word: franc
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...royal decree amounted, of course, to stabilizing the Belgian paper franc at .041842 grams of gold, or (at present rates of exchange) 36 francs to the dollar. This was accomplished by floating a $100,000,000 international loan (see p. 35) with the proceeds of which the Bank of Belgium will support the belga (i.e. the paper franc in multiples of five) at fixed parity...
Finance Minister Emile Franqui, and M. Franck, Governor of the Bank of Belgium, were acclaimed as the two Belgian financiers chiefly responsible for negotiating the international loan, and "advising" King Albert, recently created "Dictator of Belgium" (TIME, July 26) to stabilize the old franc by decree instead of creating a new currency...
...this reason the stabilized Belgian franc-hereafter to be quoted on international exchange in belgas-was dubbed by fiscal humorists last week the "Franck-Franqui franc...
...world knows of the Hungarian franc forging scandal (TIME, Jan. 18 et seq.), as a result of which it appeared for a time that the whole Hungarian Cabinet would be branded as the accomplices of forgers. My guide informed me that Premier Count Stephen Bethlen has been entirely whitewashed by the courts; but on the morning when I arrived the Count proceeded to make a show of his complete innocence by resigning with his cabinet. The Hungarian Regent, Admiral Horthy, thereupon paraded his confidence in Premier Bethlen by refusing to accept his resignation. My guide winked assurance that the Premier...
...Collector Hind the lights of the Grand Central Palace shone on a stamp with George Washington's face on it (an old New York issue, one of the rarest stamps in the world); the "St. Louis" 20-cent stamp with two bears holding a shield; the one-franc tête bêche stamps (printed upside down); the freak inverted 24-cent U. S. airplane stamps (only one sheet of them got into circulation) and many another scrap of paper that it would be bad luck to throw away if found on some old letters in the attic...