Paris, Nov. 27.
Another week has been spent uitless battles among the groups that make up the Parliamentary} majority, and in the meantime the xchange value of the national currency continues to shrink, At one time this week the pound stood at} 220 franes, and though it has not Taintained this high level, there no reason why it should not go up to 150 or even higher. Since the resignation of M. Painlevé's second Cabinet, after a precarious existence of 24 days, all that has been done to relieve the financial position has been to rush through Parliament, in a single day, a Bill authorizing an additional Frs. 1,500, 000,000 of advances from the Baak ut France to the Treasury.
The Bank will, of course, have ty print notes to meet this new demand, but, by an ingenious artifice, these' are' mot added to the nots e'reul When new issues of]
ave been made in the past, always been found that certain proportion of the old ones ever comes back to the Bank, These are the notes that are ascidentally destroyed by fire or mis. laid or lost at sea or through any Cther cause. Tt is therefore arg fel that the State can safely credit self with these notes because they will never be presented for payment, and may be considered as hav-me ceased to exist.
Text read from the printed page and cleaned; old type leaves the occasional error.