The Archive · 1938

London Frane Fall

Washington, May 5.

No domestic action Is being' ce templated in connection with the International monetary" discussions according to well informed quarters The decision of M. Daladier, the French Premier, to devalue the frane not below the" established evel Exports to Asia for the frst quarter lof this year were approximately: Jequal to. the corresponding period year but imports slumped notice= ly, particular in the case of im= rts from Japan and China, Exports to Asia totalled US§130,706,000 com: pared with US§14,306,000 "for jhe frst quarter last year. Imports from Asia were US$158,375,000 compared with $234,098.00 in the first four months in 1937.—United Pres

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

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