In the "real money" of European nations, transatlantic liner fares have been cut, cut and cut again every few days since President Roosevelt took office. Such fares are based on dollar prices which have not been changed as the dollar has been debased in the international market. Thus a Frenchman could buy for only 3,447 francs last week a First Class passage on the Ile de France which would have cost him last year 5,436 francs.
In London last week the North Atlantic Passenger Conference of all major lines met and hotly debated what...
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