Word: franc
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Dates: during 1930-1939
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...dollar slumped in European foreign exchange dealings. Sterling was quoted here at $4.89 immediately after cables flashed the Court's action, compared with $4.86 5-16 previously. In Paris, Francs rose from 15.20 to the dollar ($.0658 a franc) to 15.10 (franc...
From this point on the worship of the franc dominates the book as it dominated the books of Balzac. Marlise gets an esthetic pleasure out of contemplating her swelling revenues. She cannot walk down a road of Pargny without reflecting that so much of her money is in such-and-such a field, or house, or shop, for she has become the fond owner of a grand assortment of mortgages. When Aime, the growing son, shows that he is a dreamer. Marlise contemptuously excludes him from any knowledge of her own little private banking business. Warned that Aime will...
...Shall they challenge President Roosevelt to end monetary shilly-shallying by entering a dollar-pound-franc stabilization pact...
...French Government, deeply hostile to any policy of inflation, remains attached to stability of the national currency and maintenance of the gold value of the franc. But, at the same time, the Government is resolutely determined not to deny itself the normal and perfectly legitimate means of action which may be placed at its disposal in the domain of credit...
...Rates. The U. S., Britain and France may be compared to three storekeepers, two of whom are selling at cut rates. Neither President Roosevelt nor Chancellor Neville Chamberlain of His Majesty's Exchequer has ever opposed the ending of cut-rate monetary competition, ultimately. The only trouble is that Premier Flandin seeks dollar-pound-franc stabilization now. He is the storekeeper who has not cut prices. While the other two deplore the unquestionably bad effects of present world money chaos, each hopes to gain brief advantage by prolonging it just a bit more. Last week only highest powered optimists...