Word: franc
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...short time ago Georges Barbot, a Frenchman, glided across the English Channel in his one-passenger "flivver" monoplane. It took him 44 minutes to make the trip, and he used less than one gallon of gasoline in his 15 horse-power engine. Incidentally he won a 25,000 franc prize, but that is not the point--its real significance lies in the fact that it has roused England to a realization of her danger from any hostile air-fleet in time...
Recent trends in foreign exchange have been interesting. The franc, after a rise practically to 7c, broke sharply, when the rumor of a Ruhr settlement was dissipated. Marks are still stabilized by German government operations, despite a current note increase of 401 billions, and the report of a deficit in the Reich budget of 7,100 billions. Invitation to American investors to participate in a 50 million dollar German government loan, non-interest bearing but retirable at 120, seems to have obtained little response here. Proceeds of the loan will be mainly used for combatting the French in the Ruhr...
...Associated Press cabled a report to America that while at Monte Carlo I placed a 20-franc note on number 17 and won 10,500 francs...
...answer to the question what specific action the United States should take, Commissioner Noyes replied. "We should unite with England in the appointment of a commission of prominent citizens of both countries. This commission should have power to bring severe economic pressure to bear against France, which would result in the depreciation in the value of the franc. France must be brought to a realization of a mistake, which will harm her more than any other nation...
...conclusion Professor Perry observed the perfect types of new French scholarship which have added infinite grace, charm, and beauty of expression to modern speech. In this group are Croiset, Canson, Le Franc, Baldensperger, and Legouis. "There is something inexplicable in the gift of speech," he said, "something as rare as the gift of poetry. And the art of teaching, like that of speaking, is more or less a mystery which requires deep analysis,--a sort of trade which we are all endeavoring to follow...