Business: Francs & Frenchmen

Last week the eyes of the world's money changers were fixed upon the baroque façade of a four-story building in the Rue de la Vrillière in Paris. There behind the portals of the Bank of France was the solid centre of another of those swirling convulsions in French finance which off and on for years have threatened to dislodge the franc from gold. This time it looked as if the perennial prophets of the franc's doom might at last be right. By ship, plane and train gold was pouring out of France in huge...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!