The Archive · 1927

France and the Gold Standard

Italy's Example to be Followed Early in Coming Year New York, Dee: 23, According to the "Journal of Commerce" the French Government, has completed plans for the revalorization of the franc and will follow the example of Italy and return to a gold standard early in 1028, in which connection the Bank of France recently arranged for a credit of $40,000,000 in New Yorks—Reuter.

Paris, Dec. 23.

In the course of the debate in the Senate to-lay on the Budget, M. Poincaré referred to the reassuring economic situation and the favourable trade balance, which, he said, would facilitate definite stabilization of the frune—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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