Threatens Speculators London, Feb, 8.
The sudden relapse of the French franc this morning from its overnight level of 152.75 to 153.50 did not surprise foreign exchange circles here, Conditions in France are still most uncertain and the recent comparative steadiness of the franc was because interest was temporarily absorbed in the dollar.
Following yesterday's announcement of the terms of the French internal loan, whereby the Government's difficulties in acquiring funds, except at extortionate rates, were forcibly illustrated, and with the dollar exhibiting a firmer tendency, speculators launched a minor offensive against the franc but later pressure abated after publication of a new Bill decreeing that it would be a punishable offence to incite the public to sell Rentes froncs—or Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.