Lutheran ministers and laymen in the U. S. have been urged to invest in French francs on a 25% margin with a view to "selling short," thus still further depreciating the value of French money.
The argument is that "if French credit is entirely ruined, France will be brought to her knees," the Ruhr will be evacuated, Germany will recover, French hatred and arrogance will disappear, Germany will be safe in peace.
This argument is set forth in a circular to American Lutherans issued by a Delaware corporation with offices in Manhattan. The...
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