Word: franc
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Died. Prince Antoine Louis Phillipe Marie ("Naughty Boy")of Bourbon-Orléans, 64, Infante of Spain, Duke of Galliera, uncle of King Alfonso XIII of Spain, husband of the Infanta Eulalia of Spain, grandson of King Louis Philippe of France (last Bourbon to reign). Funloving, extravagant, he was once incarcerated by King Alfonso for giving 1,000-franc notes as tips. He once got out of prison by feigning insanity...
...pinch it is and will be convenient to execute subordinates for "plotting famine." Europe's Reation: Swamped with Eggs!" Not only wheat but barley, corn, eggs, lumber and other commodities were rumored dumped by Russia last week upon Europe. M. Le Senateur Henri Cheron, famed Finance Minister of France in the "Stabilized Franc" Cabinet two years ago (TIME, Nov. 19, 1928), cracks and scoops out a soft boiled egg nearly every morning,* white and profuse though his whiskers are. Last week this excitable elder statesman suspected every egg set before him of being from Moscow. What drove him frantic...
Amiable and ardent is the France-America Society (William D. Guthrie of Manhattan, president). Its ceremonies usually involve roseate references to Benjamin Franklin, General Lafayette, Pershing, Herrick, Lindbergh. When the society was founded in 1911 it took over and renovated a famed old Paris mansion, proceeding on the assumption that the government would help pay the costs. Last week the French Senate was surprised and pained at being reminded of this assumption by a bill to pay a 200,000-franc architect...
Died. Louis Lucien Klotz, 62, War-time French Minister of Finance, deviser of many a scheme intended to restore the franc to par, who in 1928 resigned from the French Senate under charges of issuing bad checks to make up losses in the New York stockmarket, for which crime he was given a sentence, later suspended, of two years in prison (TIME, July 22); suddenly, in poverty; in Paris...
Three years ago they helped to stabilize the French franc by letting Prime Minister Raymond Poincaré have 1,875,000,000 francs ($75,000,000). He let them have as security, as glorified I. O. U.'s, a French Treasury bond issue. In the polite language of financiers the Swedes "bought"' this paper at $93 1/2 per bond...