THE FRENCH SITUATION
(Copyright to Australian Press Assn.)
FRENCH FRANC. LONDON. July 26. The French'franc opened at 192 and fluctuated without .material change. FRANCE’S PRE)I fEB. PARIS. July 26. With Poincare at the helm, the run upon the French banks has been held off. His very presence at the bedside of the sick franc has allayed the fever. National confidence is now being restored. AI. Poincare is strongly opposing any further currency inflation. Tile Premier proposes to borrow frmin the Bank if France on the security of the uncollected state revenues in order f to meet any immediate liabilities.
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Hokitika Guardian, 27 July 1926, Page 2
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99THE FRENCH SITUATION Hokitika Guardian, 27 July 1926, Page 2
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