Word: franc
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Dates: during 1920-1929
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Premier Poincare, at Paris, urged world peace, ratification of the Lausanne Treaty, reparations guarantees, stabilization of the franc, in a notable election speech...
...Banque de France repaid the loan of $100,000,000 advanced by J. P. Morgan & Co. at the time of the franc's crash (TIME, March...
Doctors disagree on only two subjects: what is wrong with a patient and what cured a patient. The franc, which a month ago seemed beyond medical aid, is now in the convalescent ward. The patient shows a healthy appetite and touched 6.06 cents-the highest point since July...
Doctor Loucheur (Minister of Commerce) announced, when his patient suffered a slight relapse after this effort, that he expected to keep the franc about 16 to the dollar...
...meantime France studied the course of the late illness. It was "discovered" that France had saved the franc by her own efforts, that Mr. J. P. Morgan's $100,000,000 credit (TIME, March 17) had not been needed, that the conditions of the loan had been too severe. Inquiries in Manhattan showed, however, that the well-known medical firm at No. 23 Wall St., Manhattan, had saved the day. Reports originating from the French Ministry of Finance stated that the franc recovered when there was a rush of buyers to cover a shortage, following the operation...