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Word: franc (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Major Deeds crying loudest to be done by the Conference are four: 1) Interstabilization of the gyrating dollar and wobbling pound with each other and with gold standard currencies such as the French franc, Dutch gulden, Swiss franc. Last week the dollar plunged down to a new low-for-all-time against gulden and Swiss francs, tobogganed to a value of about 81.8? against French francs. This meant that the British Treasury, which is trying to keep sterling low for competitive trade purposes, saw the pound skyrocket within a week from $4.01 to $4.20, a new high since England went...

Author: /time Magazine | Title: INTERNATIONAL: The World Confers | 6/19/1933 | See Source »

...brisk young Manhattan banker, James Paul Warburg. Letting Secretary Hull stew in his low tariff juice, these U. S. fiscal experts made swift contact with their peers at the British Treasury and in the Bank of England, started conversations to determine at what relative point pound, dollar and franc can and should be stabilized...

Author: /time Magazine | Title: INTERNATIONAL: The World Confers | 6/19/1933 | See Source »

...present to the country in November. Three points that Premier Daladier fought for were gained: a 5% reduction in all Government expenditures except the army & navy *; sending to the committee the inflammatory Socialist proposal to set up a Government monopoly in oil distribution; retention of the 3,196,000-franc sinking fund to amortize the national debt...

Author: /time Magazine | Title: FRANCE: Republic in Danger? | 6/12/1933 | See Source »

...Hotchkiss & Co., French manufacturers of swank motor cars and machine-guns, last week announced a 60-franc dividend on its common stock...

Author: /time Magazine | Title: FRANCE: Republic in Danger? | 6/12/1933 | See Source »

...meetings can be like snipe-hunting at night with bag and candle. It takes at least three to hunt snipe-one to hold the bag and two to enjoy the joke. Edouard Daladier is firmly determined that if the London Conference is a snipe hunt, it will not be France that is left holding the bag. She is already holding the gold standard bag, with pound, dollar, mark and lira all cut loose. She cannot devaluate her money further without risking violent insurrection from hard-bitten French investors, who have already seen 80% of their savings swept away...

Author: /time Magazine | Title: FRANCE: Study in Bag-holding | 5/29/1933 | See Source »

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