MANY IN DISTRESS
AMERICANS LEAVE PARTS PARIS, Nov. 17. The flight from the once almighty dollar is nowhere more noticeable than in Paris, formerly the playground of luxury-loving Americans. Many rich Americans are leaving for home, and some American bars, despairing of ever seeing a thirsty American again, are closing. Others arc preparing to go to America to serve their erstwhile customers on the spot. Even some newspaper correspondents arc leaving for home, and many American institutions here are transferring tlicir headquarters to London, where the depreciation of the dollar is less severe than in France, which is still on the gold standard. Among those hardest hit are negroes, formerly singers, dancers, and entertainers in Montmartre cabarets. These nights, Americans arc scarce in Montmartre. Tlie American Aid Society says it is receiving more demands for assistance than, it is possible to handle. Even the Ambassadorial staffs and Consuls aro being paid in depreciated currency.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18257, 28 November 1933, Page 9
Word Count
154MANY IN DISTRESS Poverty Bay Herald, Volume LX, Issue 18257, 28 November 1933, Page 9
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