FRANCE STRIPPED TO LAST OUNCE OF GOLD
— : — t Received Tuesday, 7 p.m. LONDON, April 16. j France must draw immediately | £75,000,000 from her gold reserve to : pay for essentiul imports from | Amerrca, says Reuter's Paris corres- ; pondent. This was- disclosed "by the * Finance Minister, M. Andre Philip, , before the- Finance- Gomm.ssion of | the Assembly. . Responsible financial authorities in i Paris later said they did not doubt that France would be deprived of her last ounce of gold by the end of the yea-r. Officials hoped that the re- ! maining gold totalling about j £198,000,000 would hold out until j France received credit facilities. | The bourse weakened immediately , on hearing of the impending witharawals.
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Chronicle (Levin), 17 April 1946, Page 5
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113FRANCE STRIPPED TO LAST OUNCE OF GOLD Chronicle (Levin), 17 April 1946, Page 5
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