INTERNATIONAL: Again Gold: Perfidious Paris

INTERNATIONAL

Again Gold: Perfidious Paris

The "real reason'' for current weakness of the British pound on the New York exchange was discovered last week to the satisfaction of London's Daily Herald, organ of the Labor Government.

Reason: a ''very serious" quarrel between biggest U. S. and British banking interests. According to the Daily Herald, the quarrel began when British bankers secured a lion's share of recent "profitable foreign financing business."

Result: according to Labor's Daily Herald, disgruntled U. S. financiers, who got the lamb's share, have been punishing...

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