"All this money remains and will patriotically on our soil" he stressed. "The Franc was not shaken but an important amount of money is being kept out of circulation. The state thus lost resources which normally partially supply the Treasury."
M. Marchandeau recalled that the Government was hot taken by surprise thanks to it being able to draw on the Bank of France. The first drawing on the Bank took place last week and was necessitated by measures of security, but the Government is determined to have recourse to this means of financing in exceptional cases only.
The Minister declared that it was the duty of every French citizen to place kis savings at the disposal of the country for "the Government does mot intend to have recourse to the safeguard clause or to any moratorium on deposits"
In conclusion, it stressed the advantages of investing savings in Treasury or National Defence Bonds instead of hoarding bank-notes—
Havas.
Text read from the printed page and cleaned; old type leaves the occasional error.
