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AT INCREASING RATE

GOLD FLOWING CUT FIGHT TO DEFEND FRANC REASSURING DECLARATION [By Telegraph -Press Association—Copyrigm] Received May 10, 7.5 p.m. PARIS, Mav 9. I’he present and future Governments are jointly fighting to defend the frai?-. which is 65.65 to the pound, the lowest since November, J 934. Gold i.- flowing out at a rate exceeding the £16.000,000 lost last week. The h?v.'iss franc and the Dutch gilder also are unsettled. M. Sarraut discussed the situation with Al. Blum, who, it, is understood, declared that he did not intend to make a capital levy.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19360511.2.77

Bibliographic details

Wanganui Chronicle, Volume 79, Issue 110, 11 May 1936, Page 8

Word Count
94

AT INCREASING RATE Wanganui Chronicle, Volume 79, Issue 110, 11 May 1936, Page 8

AT INCREASING RATE Wanganui Chronicle, Volume 79, Issue 110, 11 May 1936, Page 8