FRANCE: Ecu

In the days of moping, pallid Louis IX, "Saint Louis" (1226-70), Frenchmen dealt in a gold coin called the ecu or "crown." Last week M. le Professeur Charles Gide of the College de France proposed that a new ecu be struck with, the value of one U. S. dollar and that the present depreciated franc (4¢) be scrapped.

Cried he: "The spectacle of the franc at a fifth of its pre-War value is as pitiful a sight as the War-maimed poilus one encounters in the streets! . . . Salvation lies in...