Foreign News Notes, Jul. 14, 1924

The check is not popular in France. Frenchmen prefer payments to be made in cash no matter how large they are. If a merchant be persuaded to accept one, he can be seen a few minutes later closing his shop and scurrying off to the bank upon which the check is drawn; he never by any chance deposits it in his own bank—if he has one. This is partly due to the fact that French law only allows him 24 hours to make legal declaration of default on checks and commercial bills. The Government has proposed, in order to help avoid...

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