Word: france
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...Government are less favorably disposed than ever toward the Spanish Leftists, and this week official London was considering whether it may be "obliged by circumstances" to grant the Rightists diplomatic recognition. 2) The panic in Soviet Russia over wholesale "treason" and the shaky position of the French franc (see p. 17) were major indirect factors working against the Spanish Leftists. 3) Mr. Chamberlain's speech gave the impression that he thought Mussolini & Hitler were right, from their points of view, in thinking that now was the time, before Britain has completed her rearmament, to throw heavier forces into Spain...
...third time since Socialist Léon Blum formed his Popular Front Government (TIME, June 15, 1936), scared money was in flight from France last week, rushing to other havens at such alarming pace that the Bank of France, striving to tempt its return, had to jack up the already high Paris central bank discount rate of 4% to the "panic rate" of 6%. The Blum Cabinet for the third time in nine months was desperately short of cash. First time this happened (TIME, Oct. 5), Finance Minister Vincent Auriol devalued the franc by 40%, carried on with the "profits...
Meantime the dollar was soaring in foreign exchange, the franc had another bad spell, and a near-panic occurred in South African gold shares on the Johannesburg Exchange. Not until after President Roosevelt emphatically denied the rumor a second time did the world's money-changers shake their jitters. The President said he knew of no plan to tinker with the price of gold, that all he knew about it was what he saw in the newspapers. He said he understood the story originated in the foreign press. Nevertheless, suspicion remained that the great gold scare had been founded...
There are two gambling rooms. In one the minimum bet is 5 francs (about a quarter); in the other 500 francs. Last night in the 500 franc room were seated at one table a King, two Counts, a Boston deb, the bar tender from my hotel, one of Madame Blouse's girls, a gigolo and four old women showing the Count how much money they had. Royalty and the old women did the betting: the gigolo tried to explain things for the deb; Madame Blouse's girl kept dropping things; and I giggled my only ten francs in my pocket...
...Dantes, the Abbe Faria and other prisoners were taken to Chateau d'If. The prison isn't as romantic looking as Paramount did it for. The Count of Monte-Cristo-but it's all there: The cell where Dantes slept, the cup from which he drank, and for a franc or two you can touch the initials he carved on the wall. Why do such things thrill us? Perhaps it's the secret desire we all have for immortality, for fame. One tourist with horn-rimmed glasses paid his franc and then proceeded to carve his own initials under those...