FIXED EXCHANGE
ANGLO=FRENCH AGREEMENT FOR DURATION OF WAR. BRITISH CHANCELLOR’S ANNOUNCEMENT. By Telegraph—Press Association—Copyright. (Received This Day, Noon). LONDON, December 12. The Chancellor of the Exchequer, Sir John Simon, in the House of Commons, announcing that an agreement had been reached between the British and French Treasuries whereby alterations in the existing exchange rate between the pound and the franc would be avoided during the war, said that neither Government would raise a foreign loan or credit without agreement with the other, and neither would impose fresh restrictions on imports from the other during the war.
VAST & UNPRECEDENTED FRENCH MINISTER’S COMMENT. By Telegraph—Press Association—Copyright. (Received This Day. Noon). PARIS, December 12. M Reynaud, French Finance Minister, said the Anglo-French agreement was vast and unprecedented. It extended to the whole British Empire, and was not characterised by the distrust or more or less disguised antagonism or differences of opinion which had characterised alliances in the past.
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Wairarapa Times-Age, 13 December 1939, Page 8
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155FIXED EXCHANGE Wairarapa Times-Age, 13 December 1939, Page 8
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