Word: franc
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...Communist Victor Kravchenlco won satisfaction of a sort from the pro-Communist Paris weekly Les Lettres Françaises, which had charged that he never wrote I Chose Freedom and that it was full of lies anyway. Victor sued for three million francs ($10,000). After weeks of lurid courtroom charges and countercharges, the judge ordered the weekly to pay the court a 15,000-franc ($50) fine, pay Kravchenko 150,000 francs ($500) damages, and print the court decision on its front page...
French farm prices were also dropping, which left farmers less money to buy gold, and which promised lower retail prices and increased buying power for the franc. Some financiers thought that the announcement of South Africa's gold shipments might also be a factor in the decline. The franc's value in terms of dollars had also risen sharply in the black market. A month ago, $1 had cost 505 francs. Last week, it cost only 395 francs...
...unease of Western Europe was seized upon by the Communists and by the Third Forcers. Sneered the Paris Communist newspaper Libération: "U.S. hesitations are blocking the Atlantic pact." Sneered the leftist Franc-Tireur: "The Americans are willing to play with this child-alliance but not to adopt...
...thick mist made visibility poor. As he marched up the lower half of the Champs Elysees, preceded by groups representing former prisoners of war and deportees, Communist youth organizations and the Franc-tireurs et Partisans (Communist-controlled guerrillas who had fought the Nazis), Boisvin could only just see the nose and steel helmet of Georges Clemenceau, peeping through the fog. Crowds lined the street...
Going, Going . . . After the liberation of France, 34 Parisian dailies started up. Last week there were only 19 left (plus 170 weeklies). Most likely survivors of the present crisis: the mildly Socialist France-Soir* edited by hard-boiled Pierre Lazareff (TIME, June 23) and now France's biggest paper (circ. 641,000); the Communist Humanite; the Catholic Figaro, famed for its high literary standards; L'Aurore, which rides the De Gaulle bandwagon; the witty, leftist (but not quite Commie) Franc-Tireur; sober Le Monde, the businessman's bible; and Parisien Libere, favorite of the petit bourgeoisie...