FRANCES GOLD
BIG PAYMENTS TO AMERICA LONDON, April 16. France must draw immediately £75,000.000 from the gold reserve to pay for essential imports from America, says Reuter's Paris correspondent. This wa6 disclosed by the Finance Minister, M. Andre Philip, before the Finance Commission of the Assembly. Responsible financial authorities in Paris later said they did not doubt that France would be deprived of her last ounce of gold by the end of the year. The officials hoped that the remaining gold, totalling about £198.000,000, would hold out until France received credit facilities. The ißourse weakened immediately on hearing of the impending withdrawals.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19460417.2.82
Bibliographic details
Evening Star, Issue 25770, 17 April 1946, Page 7
Word Count
102FRANCES GOLD Evening Star, Issue 25770, 17 April 1946, Page 7
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in