THE FRANC NOTE ISSUE
(N.Z.P.A,
—Reuter,
Big Holdings Being Brought into France
Covyright)
■Received Friday, 10.50 a.m. LONDON, Feb. 5. The 2000 inhabitants of a village near Rennes, in Brittany, have handed in 245,000,000 franes in 5u00 f rane notes, says the Times Press correspondent. . t The time limit for the handing in of.The 5000 franc notes ended at } mid-day yesterday. 3 The Government is now waiting to see wliaF percentage. has been' handed in before announcing the conditions of repayment for large holders, The repayment to those persons who • handed in only , one or twonotes will b'egin tomorrow. Some Frenchmen have tried withQut success to retrieve secrei noictmgs in Belgium, the Daily Telegraph's Paris correspondent says. Some of these "hoarders were caught on the frontier near Lille and fined 2500 francs for every 5000 franc note they were carrying back into1 France. • The fiye thousand franc notes were all conftscated.
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Chronicle (Levin), 6 February 1948, Page 5
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151THE FRANC NOTE ISSUE Chronicle (Levin), 6 February 1948, Page 5
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