FRANC’S SLUMP
FINANCE MINISTER’S APPEAL.
Australian and N.Z. Cable Association.)
PARIS, January 31. The urgent necessity for immediate measures to check the fall in the franc, was the text of a speech by M. Doumer, on appealing to the Chamber to vote for th© Government’s .measures because a new crisis would mean unemployment and misery. He said that the franc in April, last year, was worth twenty-eight centimes in gold, but was only worth eighteen in December. It was now worth nineteen and a half. M. Doumer said that inflation last year amounted to .seventeen milliards of marks, and further inflation was impossible.
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Greymouth Evening Star, 1 February 1926, Page 5
Word Count
103FRANC’S SLUMP Greymouth Evening Star, 1 February 1926, Page 5
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