Word: franc
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...Lasteyrie, Finance Minister, was in the Chamber of Deputies, attending to a routine finance bill. Only 80 deputies were present. The radicals proposed to adopt a Senate measure, proposing a 2,600,000,000 franc increase in pensions; the Finance Minister made an issue of the matter. The 80 voted. The attendants cast the proxies left by absentee members. When the vote was counted, the Government had lost by seven votes...
March 24, was a day unique. The franc opened at a value of 5.37 cents, jumped to 5.63 cents, fell to 5.40 cents. Up 27 points, down 23 points-a total of 50 points traveled in fluctuation. When it was at 5.63 cents, a high point for the year was recorded...
...Reliable information stated that the Premier's next step in economy will be consolidation of the French 70,000,000,000 franc floating debt. Details of the method are still secret...
...recent pyrotechnics in franc exchange has again emphasized a fact often before noted-the tendency of Germany to carry on financial operations from Holland...
Expressing "absolute confidence" in the resources of France and the intelligence and industry of its people, Mr. Morgan declared: "If the ruling classes only make a similar effort, France soon will be invincible in the economic domain. In any case, we shall always be at her side, and sustain her when necessary." Mr. Morgan evidently understands the French psychology very well; said he: "It is quite understood that Germany must pay you." He went on to state that nothing in the French situation prior to the fall of the franc justified a panic; that in fact France's national...