FRENCH FINANCE
SUPPORT FOR THE FRANC. MORGAN LOAN TO BE USED. Proas Association—By Telegraph—Copyright. PARIS, June 8. It is announced that M. Caillaux (Min ister of I* inance) is determined to utilise, if necessary, to support the franc, which at present is over ICO to the £l, all the American credits available as the result of the Morgan loan, in addition to further large sums: but the exact moment of the Government's intervention will be kept secret to prevent speculation Reuter.
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Otago Daily Times, Issue 19502, 10 June 1925, Page 8
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81FRENCH FINANCE Otago Daily Times, Issue 19502, 10 June 1925, Page 8
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