LARGE FRENCH LOAN TO ENGLAND.
The Bank of France .has lately |sot thirty millions of. dollars Jto {ha Bjuk. of England: It is remarkable that ■s this time Germany is also a heavy borrower of . money,, haying just concluded the negotiation of a'loan of sixt/ million mark*. Seven years ago the latter Power received from France a thousand millions of dollars indemnity, .Then England was lending instead of borrowing. "France waif Mnsidered on the verge of T bankruptcy Af •he has since not only had her immense debt taken up by her own people, batjb^ is this day the richest nation in Europe* and her great bank loans to, Engl#pd/g greatest moneyed institution tin. sum above stated:," Tie magnificence of the display of royal wealth and-grandeur at the famous Field of the Cloth of Gold, at Ardres, when Francis I. and Henry VIII. vied with each other in superb state, was the greeting of'the Majesty of 'EngsjagL by knightly France, in the persons, of tlsV Monarchs. .Now,for the first time in the history of the two^great. nations, the ex* change of the golden wealth itself is made, from France to England, between the mighty money Powers which rule. the finances of each country, and it is as the bond of aßßured'peacd from 1 the one' to the other. •
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Bibliographic details
Thames Star, Volume IX, Issue 3058, 3 December 1878, Page 2
Word Count
218LARGE FRENCH LOAN TO ENGLAND. Thames Star, Volume IX, Issue 3058, 3 December 1878, Page 2
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