FRANC AND STERLING
LINKING NOT LIKELY BRITISH CHANCELLOR'S VIEW (Received February 4. 5.5 p.m.) British Wireless RUGBY, Feb. 3 Reports to the effect that the French Prime Minister, M. Flandin, proposes to place before the Chancellor of the Exchequer, Mr. Neville Chamberlain, plans for linking sterling and the franc are discounted in authoritative quarters. The view taken by the Chancellor is that stabilisation should not be attempted while the present disharmony between the dollar and the franc exists. As a preliminary to that step such a change in price levels as would correct this inharmonious relationship must be awaited.
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New Zealand Herald, Volume LXXII, Issue 22026, 5 February 1935, Page 9
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99FRANC AND STERLING New Zealand Herald, Volume LXXII, Issue 22026, 5 February 1935, Page 9
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