Word: franc
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Marshal Joffre, to many smart, shallow people is "just a fat man who was lucky. But solid citizens still believe in him. They showed their faith when the franc was tottering (TIME, May, 3, 1926) by subscribing 19,000,000 francs to the Joffre Save the Franc Fund. Last week the final scene in that impressive drama was acted at Paris...
...would have fulfilled that promise and sat down after a speech of hardly more than a moment's duration. And Colonel Lindbergh's con duct in Paris and in England must have done much to relieve the sore ness caused by tourists with franc-plastered trunks, by Mr. Tilden squabbling with linesmen and Mr. Hagen missing his appointments. With the Lindbergh episode al most over, cynics may rise to call his ovations "hysteria," his re ceptions "sensationalism run riot." But back of the torn paper and the screeching headlines lay a very sincere and very spontaneous out burst...
...been exactly pressing for two reasons: 1) The U. S. Congress has not ratified the accord, but will have to take the whole matter up again because this measure passed only the House (TIME, June 14, 1926) but not the Senate. 2) Premier Poincare has been so busy rescuing France from her financial slough of last year, doubling the value of the franc, and tentatively stabilizing it, that no one seriously expected him to make of his debt-funding plans anything but a dark state secret until stability was achieved. Now the question of ratification has begun to loom again...
...first time the Chamber of Deputies voted down, last week, a measure proposed by Premier Raymond Poincaré's present "Sacred Union" Cabinet (TIME, Aug. 2 et seq.). The Cabinet has stood unshakable until now, because of its great achievement in rescuing the franc from collapse and more than doubling its gold value. But today, with this crisis passed, and with a general election scheduled for next year, party strife is reviving. The vote last week was on a matter of no intrinsic importance; but it proved, by a count of 265 to 256 against the Cabinet, that Premier...
...From a national panic with the franc at 50 to the dollar, back to present tranquility with the franc at 25 (TIME...