Word: franc
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...most potent banker in France, M. Emile Moreau, has never held a post in a private bank. Last week the mere report that he had threatened to resign as Governor of the Bank of France caused consternation among politicians and appeared to have swayed the iron judgment of Prime Minister Raymond Poincare himself. The question at issue was whether to set up the now virtually stabilized paper franc on a gold basis. To this problem M. Moreau brings strictly practical knowledge acquired during an entire lifetime spent in the Treasury and allied services, latterly as Director General of the State...
...Atherton, G. A. Dalin, W. H. Medders, H. L. Franc, H. L. Morgan, H. A. Rusch Jr., R. E. Sargent Jr., M. Z. Silton...
...nimbleness of U. S. telephone girls from personal experience. He gets things done in Herbert Hoover fashion (TIME, March 19). Furthermore funds wherewith to buy new telephone equipment were now becoming available through the sound but dazzling financial wizardry of Prime Minister Raymond Poincaré, the savior of the franc (TIME...
...announced by M. Poincaré, prior to his recent sweeping victory at the general election (TIME, May 7), the present Conversion Loan is a firm preliminary step toward eventual restoration of the stabilized franc to a gold basis...
Well posted observers spotted instantly the non-truth of this last headline. They recalled that during the slump of the Belgian franc (TIME, March 29, 1926, et seq.), the Government of Belgium flatly rejected a proposal by Captain Loewenstein that he should lend $50,000,000 "without interest" to save the franc, but only upon certain all too shrewd conditions...