COLLAPSE OF THE FRANC
A STARTLING DECLINE. EXCITEMENT ON BOURSE. Press Association—By Telegraph—Copyright LONDON, February 15. (Received Feb. 17, at 0.16 a.m.) The Daily Express’s Paris correspondent reports that the startling collapse of the franc is the one topic of conversation. It represents a fall of five points in a week, and speculation on the Bourse is inclined in the direction of panic. On Saturday M, Herriot called a conference of exports, whose deliberations lasted until 3 o’clock on Sunday morning. A disquieting factor is the speculation against the franc among ordinary people, suggesting a lack of confidence m the Government. iVL Violefct© (Reporter of the Budget) stated in the Chamber that France required another 6,000,000,000 francs revenue.—A. and N.Z, Cable,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19250217.2.71
Bibliographic details
Otago Daily Times, Issue 19407, 17 February 1925, Page 7
Word Count
121COLLAPSE OF THE FRANC Otago Daily Times, Issue 19407, 17 February 1925, Page 7
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. 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