Three Anglo-jewish Firms Save Franc
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Three Anglo-jewish Firms Save Franc

That the credit of France was saved with the assistance of three Anglo-Jewish firms is the revelation made in a senaational story in the Sunday issue of the Daily Express. The firms are Lazard Brothers and Company, the house of Rothschild and Samuel Montague and Company. When the franc was on the point of collapse these firms organized a financial drive, secured millions of credit for France, and bolstered up the franc to an unexpectedly high level. The French financiers, on the other hand, mistrusting the diplomatic and financial policy of the Government refused to come to its assistance-on the contrary, they continued to sell francs, making the crisis more acute. The comment of the Express was in the nature of a rebuke, warning the English financiers that to extend credit to France only encouraged Poincare in his Ruhr policy.

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