The Archive · 1938

Gold Arrives in France

Paris, Dec. 2.

Important amounts of gold have arrived in France during the past few days. This fact may have prompted a strengthening of the franc on the exchange market teday.—Havas.

It is known already, he states, that certain industries are preparing their own fighting funds to an extent which hitherto has never been envisaged, in the belief that they will be supported by an extension b export credits system.

The sum required for an effective counter to the German challenge would run into millions in certain industries, it is estimated. Nevertheless, large sums could be secured by the levy system.

"Meanwhile, concludes Reuter's Lobby Correspondent, if there is a disposition on the German side to enter into trade talks, undoubtedly there would Be a ready response on the British side.

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

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